Notifies the goods no refund of unutilised input tax credit on account of rate of tax on inputs

Notifies the goods no refund of unutilised input tax credit on account of rate of tax on inputs https://www.taxtmi.com/notifications?id=120935 Notification specifies that no refund of unutilised input tax credit shall be allowed where credit accumulated because input tax rate exceeds output tax rate (other than nil rated or fully exempt supplies), identifying specific tariff items including certain textile fabrics and railway locomotives, rolling stock, parts and track fixtures, and directing use of the First Schedule to the Customs Tariff Act, 1975 for interpretation. en-us Thu, 29 Jun 2017 00:00:00 +0530 Mon, 20 Nov 2017 15:26:00 +0530 TaxTMI RSS Generator Notifies the goods no refund of unutilised input tax credit on account of rate of tax on inputs https://www.taxtmi.com/notifications?id=120935 Notification specifies that no refund of unutilised input tax credit shall be allowed where credit accumulated because input tax rate exceeds output tax rate (other than nil rated or fully exempt supplies), identifying specific tariff items including certain textile fabrics and railway locomotives, rolling stock, parts and track fixtures, and directing use of the First Schedule to the Customs Tariff Act, 1975 for interpretation. Notifications GST - States Thu, 29 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=120935