Imitation zari thread or yarn made out of Metallised polyester film /plastic film - no refund of unutilised input tax credit shall be allowed Notification No 05/2017- Integrated Tax (Rate) dated 28.06.2017 as amended. - 23/2023 - Integrated GST (IGST) Rate
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Refund of input tax credit limited to polyester or plastic film used in imitation zari thread under IGST amendment. A new tariff entry designates imitation zari thread or yarn made of metallised polyester film or plastic film and stipulates that refund of input tax credit is available only for the polyester film or plastic film inputs used in such products, thereby limiting refund entitlement under the amended IGST rate notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Refund of input tax credit limited to polyester or plastic film used in imitation zari thread under IGST amendment.
A new tariff entry designates imitation zari thread or yarn made of metallised polyester film or plastic film and stipulates that refund of input tax credit is available only for the polyester film or plastic film inputs used in such products, thereby limiting refund entitlement under the amended IGST rate notification.
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