No refund of unutilized input tax credit where the credit has accumulated on account of rate of tax on inputs.

No refund of unutilized input tax credit where the credit has accumulated on account of rate of tax on inputs. https://www.taxtmi.com/notifications?id=123270 No refund of unutilized input tax credit is prescribed where credit has accumulated because the rate of tax on inputs exceeds the rate of tax on output supplies (excluding nil rated or fully exempt supplies); specific goods by tariff headings are listed for which such refund restriction applies, and the interpretative rules of the First Schedule to the Customs Tariff Act apply for classification. en-us Wed, 28 Jun 2017 00:00:00 +0530 Fri, 29 Dec 2017 14:42:00 +0530 TaxTMI RSS Generator No refund of unutilized input tax credit where the credit has accumulated on account of rate of tax on inputs. https://www.taxtmi.com/notifications?id=123270 No refund of unutilized input tax credit is prescribed where credit has accumulated because the rate of tax on inputs exceeds the rate of tax on output supplies (excluding nil rated or fully exempt supplies); specific goods by tariff headings are listed for which such refund restriction applies, and the interpretative rules of the First Schedule to the Customs Tariff Act apply for classification. Notifications GST - States Wed, 28 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=123270