Notification specifying supplies of goods in respect of which no refund of unutilized input tax credit shall be allowed under section 54(3).

Notification specifying supplies of goods in respect of which no refund of unutilized input tax credit shall be allowed under section 54(3). https://www.taxtmi.com/notifications?id=121349 Notification designates specific goods for which no refund of unutilised Input Tax Credit shall be allowed under the proviso to section 54(3) where credit has accumulated because input tax rates exceed output tax rates (excluding nil-rated or fully exempt supplies); it lists specified tariff items (textile fabrics, knitted fabrics, railway rolling stock and related parts and equipment) and applies the interpretation rules of the First Schedule to the Customs Tariff Act, 1975, with effect from the stated commencement date. en-us Wed, 28 Jun 2017 00:00:00 +0530 Fri, 11 Aug 2017 12:51:00 +0530 TaxTMI RSS Generator Notification specifying supplies of goods in respect of which no refund of unutilized input tax credit shall be allowed under section 54(3). https://www.taxtmi.com/notifications?id=121349 Notification designates specific goods for which no refund of unutilised Input Tax Credit shall be allowed under the proviso to section 54(3) where credit has accumulated because input tax rates exceed output tax rates (excluding nil-rated or fully exempt supplies); it lists specified tariff items (textile fabrics, knitted fabrics, railway rolling stock and related parts and equipment) and applies the interpretation rules of the First Schedule to the Customs Tariff Act, 1975, with effect from the stated commencement date. Notifications GST - States Wed, 28 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=121349