Restriction on refund of accumulated ITC on edible oils and coal implemented by amendment inserting specified tariff entries. The notification amends Notification No. 5/2017-State Tax (Rate) to restrict refund of accumulated input tax credit by substituting a cross-reference in the proviso, re numbering S. No. 1 as S. No. 1AA, and inserting new serial entries listing edible oils (headings 1507-1518) and specified solid fuels and peat (headings 2701-2703); the amendment follows the GST Council recommendation and comes into force on the stated effective date.
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Provisions expressly mentioned in the judgment/order text.
Restriction on refund of accumulated ITC on edible oils and coal implemented by amendment inserting specified tariff entries.
The notification amends Notification No. 5/2017-State Tax (Rate) to restrict refund of accumulated input tax credit by substituting a cross-reference in the proviso, re numbering S. No. 1 as S. No. 1AA, and inserting new serial entries listing edible oils (headings 1507-1518) and specified solid fuels and peat (headings 2701-2703); the amendment follows the GST Council recommendation and comes into force on the stated effective date.
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