Reduced GST rates on handicraft goods: intra state supplies taxed only up to the lower rates specified by notification.
Exempts intra state supplies of specified handicraft goods from State GST to the extent the tax exceeds the lower rates listed in the notification's table; defines handicraft goods as predominantly hand made items with distinctive decorative or cultural features; lists tariff headings and descriptions paired with specified reduced State GST rates for each entry; notification effective from 27th July 2018.

Handicraft exemption: intrastate supplies subject to reduced state GST rates under notification, aligning specified goods to lower tax.
The State Government exempts intrastate supplies of "handicraft goods" from so much central tax as exceeds the reduced rates specified in the Table; goods qualifying as handicraft are defined by predominance of manual work, substantial ornamentation or inlay, and distinctive aesthetic or cultural features, and the Table lists tariff items and corresponding concessional central tax rates for specified handcrafted products, including differentiated treatment for certain items by sale value.

Handicraft goods tax exemption lowers intra state state tax to specified reduced rates for listed handicraft items.
Exemption reduces Manipur state tax on intra state supplies of specified handicraft goods by capping SGST at the reduced percentage listed beside each tariff heading or subheading. "Handicraft goods" are defined as predominantly hand made items with ornamentation, in lay or distinctive aesthetic, artistic or cultural features distinct from mechanically produced goods. The operative schedule lists tariff classifications with corresponding reduced state tax rates and the exemption applies only to the extent state tax exceeds the specified reduced rate.

Handicraft goods tax exemption reduces State GST rates for specified intra state handicraft supplies per the notified tariff list.
The notification exempts intra-state supplies of handicraft goods from State tax to the extent that tax exceeds the reduced rates specified in the Table for each listed tariff item; it provides a definition of "handicraft goods" emphasizing predominantly hand-made ornamented products distinct from machine-made goods, and lists tariff headings with corresponding reduced State tax rates for multiple handicraft categories. The notification is effective from 27 July 2018.

GST exemption for handicraft supplies reduces state tax on listed intra state handicraft goods to prescribed lower rates.
Exempts intra state supplies of goods defined as handicraft goods from state GST to the extent the tax exceeds the lower capped rates listed in the notification's Table; the schedule pairs tariff classifications with corresponding reduced state tax rates and the exemption applies where the statutory state tax would be higher than the listed rate.

Handicraft goods tax cap limits State GST liability for specified intra state handicraft supplies to notified rates, exempting excess tax.
Exempts intra state supplies of specified handicraft goods from State GST to the extent the tax exceeds the concessional rates notified in a Table. The notification defines handicraft goods as predominantly hand made items with ornamentation or in lay work and distinctive aesthetic or cultural features. It implements exemptions by reference to tariff headings and corresponding capped State tax rates for each listed item.

Input tax credit restriction: accumulated ITC on specified goods disallowed after the prescribed cut-off and unutilised balances lapse.
The amendment inserts a proviso excluding application of the notification to input tax credit accumulated on supplies of the goods listed at serial numbers 1-7 where supplies are received on or after 1st August, 2018; and provides that accumulated input tax credit remaining unutilised after payment of tax for and up to July, 2018, on inward supplies received up to 31st July, 2018, shall lapse.

Concessional UTGST rate for specified handicraft goods reduces union territory tax on intra state supplies to notified levels.
Prescribes concessional UTGST rates by exempting intra state supplies of specified handicraft goods from UTGST to the extent the tax exceeds the notified rates; eligibility is determined by tariff classification and a descriptive definition of "handicraft goods," and the Table lists the covered tariff items, descriptive goods labels and corresponding concessional rates, with amendments to entries permitted by subsequent notifications.

Concessional CGST rate for handicraft goods limits central tax on specified intra state supplies to lower slab.
Exempts intra state supplies of specified handicraft goods from central tax to the extent tax exceeds the concessional rates set in the Table, defining handicraft goods as predominantly hand made items with distinctive ornamentation or cultural features. The mechanism applies by reference to tariff items and descriptions in a prescribed Table that lists categories of handicrafts and their concessional CGST rates; the notification is effective on the stated commencement date and subsequent notifications have amended certain tariff entries and rates, including a value threshold for shawls.

Input tax credit restriction: accumulated credit on specified goods lapses if unutilised after the prescribed cutoff.
The amendment excludes application of the notification to input tax credit accumulated on supplies of specified goods received on or after a stated cutoff, and provides that accumulated input tax credit unutilised after utilisation against tax up to the cutoff month, for inward supplies received up to that cutoff date, shall lapse.

Input tax credit restriction on specified goods: credits for post-cutoff receipts excluded and unutilised credits lapse
Amendment to Notification No.5/2017 inserts a proviso restricting input tax credit for the goods listed at specified serial numbers where supplies are received on or after the 1st day of August, 2018, and provides that any unutilised input tax credit balance remaining after payment of tax up to the month of July, 2018, in respect of inward supplies received on or before 31st July, 2018, shall lapse.

Input tax credit lapse: accumulated credit on specified goods lapses if unutilised after July deadline enforced.
The amendment excludes Notification No.5/2017 from applying to input tax credit accumulated on inward supplies of specified goods received on or after 1 August 2018. It also provides that accumulated input tax credit balances for those goods, unutilised after payment of tax for and up to July 2018 on inward supplies received up to 31 July 2018, shall lapse.

Input tax credit restriction: accumulated credits for specified goods disallowed for later supplies and unutilised balances lapse.
Amendment restricts input tax credit by excluding credit accumulated on supplies of specified goods received on or after the first day of August, 2018; and provides that for those goods any accumulated input tax credit on inward supplies received up to the last day of July, 2018, remaining unutilised after payment of tax for and up to the month of July, 2018, shall lapse.

Input tax credit restriction: transitional credit for specified goods lapses if unutilised after the July utilisation cutoff.
The amendment excludes application of the notification to input tax credit accumulated on supplies of specified goods received on or after 1 August 2018, and provides that for those goods any accumulated input tax credit left unutilised after payment of tax up to July 2018 on inward supplies received up to 31 July 2018 shall lapse; the amendment is effective 27 July 2018.

Input tax credit transition rule excludes credits on post-cutoff supplies; unutilised pre-cutoff credits lapse after required tax payments.
The amendment inserts a proviso excluding application of the notification to input tax credit accumulated on supplies received on or after 1 August 2018 for goods at serial numbers 1,2,3,4,5,6,6A,6B,6C and 7; and provides that accumulated input tax credit unutilised after payment of tax for and up to July 2018 on inward supplies received up to 31 July 2018 shall lapse.

Input tax credit restriction: accumulated credit on specified goods for later supplies excluded and unutilised balances will lapse.
The amendment inserts a proviso excluding application of the rate notification to input tax credit accumulated on supplies of specified goods received on or after the effective date, and provides that any accumulated input tax credit relating to those goods which remains unutilised after adjustment against tax liabilities for and up to the month before the effective date, for inward supplies received up to the last day before that date, shall lapse.

Input tax credit restriction: accumulated credits for specified goods lapse after the prescribed utilisation cut off.
Amendment inserts a proviso into Notification No.5/2017 excluding input tax credit on supplies received on or after 1st August, 2018 for goods listed at serial numbers 1-7 (including 6A-6C), and provides that accumulated input tax credit balances unutilised after payment of tax for and up to July 2018 on inward supplies received up to 31st July 2018 shall lapse.

IGST exemptions expanded for specified natural materials, sanitary products, coir compost and clarified rupee note sales to government.
Amendment to the IGST Schedule inserts and substitutes serial entries to create specified tariff classifications and exemptions: adding sal leaves and related materials, vegetable materials for broom manufacture, deities and goods of stone/marble/wood and goods of specified natural leaves/grass, khali dona, de-oiled rice bran under heading 2306 (with explanatory temporal application), coir pith compost subject to brand-right conditions, sanitary towels/napkins/tampons under defined tariff lines, rakhi (excluding Chapter 71), and clarifying rupee notes or coins sales to Reserve Bank of India or the Government of India.

Compensation cess amendment inserts nil cess entries for coal washery rejects and fuel cell motor vehicles, creating specific cess carve-outs.
Amendment to the compensation cess schedule inserts two nil cess entries: coal rejects supplied by a coal washery where compensation cess has been paid and input tax credit has not been availed, and fuel cell motor vehicles; both entries are added to the Schedule and the notification specifies the date of coming into force.

GST Rate Amendment: New exemptions and insertions for specified agricultural and sanitary goods take effect.
Amendment to the Sikkim GST Rate notification inserts and substitutes Schedule entries to add and reclassify specified goods-including various leaf products, materials for broom manufacture, khali dona, deities of stone/marble/wood, rupee notes/coins sold to government entities, coir pith compost subject to branded product conditions, sanitary towels/tampons, and rakhi not of Chapter 71-with an explanatory note clarifying that the exemption for de oiled rice bran under the specified heading applies from an earlier stated date; the amendment takes effect on the stated commencement date.