TMI BlogClarification of unutilised input tax credit of GST paid on inputs in respect of exports of fabrics.X X X X Extracts X X X X X X X X Extracts X X X X ..... tilised input tax credit of GST paid on inputs in respect of exports of fabrics. Doubts have been raised regarding the restrictions of refund of unutilised input tax credit of GST paid on inputs to manufacturer exporters of fabrics [falling under chapters 50 to 55 and 60 and headings 5608, 5801, 5806] under GST. 2.1 The matter has been examined. In this context, sub-section (3) of section 5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom time to time] has been issued under clause (ii) of the proviso to sub-section (3) of section 54 of the WBGST Act, 2017, restricting refund of unutilised input tax credit of GST paid on inputs in respect of certain specified goods, including input tax credit of GST paid on inputs. 2.3 However, the aforesaid notification having been issued under clause (ii) of the proviso to sub-section (3) o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tice of the Commissioner. 4. This circular shall be deemed to have come into force with effect from 16.11.2017. Sd/- (Smaraki Mahapatra) Commissioner, State Tax, West Bengal Date: 18.09.2018 Memo. 379 CT/PRO 3C/PRO/2018 - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - ta ..... X X X X Extracts X X X X X X X X Extracts X X X X
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