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    <title>No refund of unutilised input tax credit Sec. 54(3)(ii).</title>
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    <description>The Government notifies specified goods for which no refund of unutilised input tax credit shall be allowed where credit has accumulated because the rate of tax on inputs exceeds the rate of tax on output supplies (other than nil rated or fully exempt supplies), listing textile fabrics, knitted fabrics and specified railway goods and parts; tariff interpretation follows the First Schedule to the Customs Tariff Act; the notification takes effect from 1 July 2017.</description>
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      <description>The Government notifies specified goods for which no refund of unutilised input tax credit shall be allowed where credit has accumulated because the rate of tax on inputs exceeds the rate of tax on output supplies (other than nil rated or fully exempt supplies), listing textile fabrics, knitted fabrics and specified railway goods and parts; tariff interpretation follows the First Schedule to the Customs Tariff Act; the notification takes effect from 1 July 2017.</description>
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