GST

No refund of unutilised input tax credit on corduroy fabrics supply – Notification

No refund of unutilised input tax credit on corduroy fabrics supply – Notification 

MINISTRY OF FINANCE
(Department of Revenue)

Notification No. 29/2017-Central Tax (Rate)

New Delhi, the 22nd September, 2017

G.S.R. 1191(E).—In exercise of the powers conferred by sub-section (3) of section 54 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.5/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 677(E), dated the 28th June, 2017, namely:-

In the said notification, in the Table, after S. No. 6 and the entries relating thereto, the following serial numbers and the entries shall be inserted, namely:—

“6A 5801 Corduroy fabrics.”

[F.No.354/117/2017-TRU Pt. II]
MOHIT TEWARI, Under Secy.

Note: – The principal notification No.5/2017-Central Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 677(E), dated the 28th June, 2017.

Share

Recent Posts

  • divorce

Loan repayments for assets acquisition not deductible for determining maintenance to wife

Repayments of loans taken for asset generation can’t be deducted  to arrive at earning capacity for determining maintenance to wife…

4 hours ago
  • arbitration

Supreme Court explains distinction between seat and venue of arbitration

Seat of arbitration is governed by the agreement of the parties and not by the place of hearing or the…

6 hours ago
  • Income Tax

Order u/s 263 enhancing disallowance quashed as CIT (A) has power of enhancements – ITAT

ITAT quashed order u/s 263 enhancing disallowance observing in appellate proceedings, CIT(A) has power of enhancements of income assessed, if…

1 day ago
  • Income Tax

Penalty section cannot be subject matter of revisionary jurisdiction under section 263

Section under which penalty should be initiated cannot be subject matter of revisionary jurisdiction under section 263 of Income Tax…

2 days ago
  • Income Tax

Related party transaction u/s 40A(2) shall be treated as bona fide, unless evading tax

Related party transaction u/s 40A(2) shall be treated as bona fide, unless AO finds that one of them is trying…

2 days ago
  • Income Tax

‘Transfer of property’ not include ‘acquiring’ of property or ‘purchasing’ of property – ITAT

The word ‘transfer of property’ does not include ‘acquiring’ of property or ‘purchasing’ of property and only can be confined…

2 days ago