Inverted duty structure – Supplies of goods in respect of which no refund of unutilised input tax credit shall be allowed under section 54(3)
05/2017 Dated:- 28-6-2017 Central GST (CGST) Rate
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CGST Rate
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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No.5/2017-Central Tax (Rate)
New Delhi, the 28th June, 2017
G.S.R. 677 (E).- In exercise of the powers conferred by clause (ii) of the proviso to 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 notifies the goods, the description of which is specified in column (3) of the Table below and falling under the tariff item, heading, sub-heading or Chapter, as the case may be, as specified in the corresponding entry in column (2) of the said Table, in respect of which no refund of unutilised input tax credit shall be allowed, where the credit has accumulated on account of r
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live oil and its fractions, whether or not refined, but not chemically modified.
1D.
1510
Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509
1E.
1511
Palm oil and its fractions, whether or not refined, but not chemically modified.
1F.
1512
Sunflower-seed, safflower or cotton-seed oil and fractions thereof, whether or not refined, but not chemically modified.
1G.
1513
Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified.
1H.
1514
Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified.
1I.
1515
Other fixed vegetable or microbial fats and oils (including jojoba oil) and their fractions, whether or not refined, but not chemically modified.
1J.
1516
Vegetable fats and oils and their fractions, p
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s of other vegetable textile fibres, paper yarn
5.
5407, 5408
Woven fabrics of manmade textile materials
6.
5512 to 5516
Woven fabrics of manmade staple fibres
2[6A
5608
Knotted netting of twine, cordage or rope; made up fishing nets and other made up nets, of textile materials
7[6AA.
5605
Imitation zari thread or yarn made out of Metallised polyester film /plastic film;
Explanation: This entry shall apply for refund of input tax credit only on polyester film /plastic film]
6B
5801
Corduroy fabrics
6C
5806
Narrow woven fabrics, other than goods of heading 5807; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs)]
7.
60
Knitted or crocheted fabrics [All goods]
8.
8601
Rail locomotives powered from an external source of electricity or by electric accumulators
9.
8602
Other rail locomotives; locomotive tenders; such as Diesel-electric locomotives, Steam locomotives and tenders thereof
10.
8603
Self-propelled railway o
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ble, “tariff item”, “sub-heading”, “heading” and “Chapter” shall mean respectively a tariff item, sub-heading, heading or chapter, as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975).
(2) The rules for the interpretation of the First Schedule to the said Customs Tariff Act, 1975, including the Section and Chapter Notes and the General Explanatory Notes of the First Schedule shall, so far as may be, apply to the interpretation of this notification.
2. This notification shall come into force with effect from the 1st day of July, 2017.
[F.No.354/117/2017-TRU]
(Mohit Tewari)
Under Secretary to the Government of India
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Notes:
1. Inserted vide notification no. 29/2017 dated 22-9-2017
2. Substituted vide notification no. 44/2017 dated 14-11-2017, w.e.f. 15-11-2017 before it was read as,
“1[6A
5801
Corduroy fabrics.]”
3. Inserted vide Notification No. 20/2018-Central Tax (Rate) dated 26-07-2018
4. Substituted vide Notification
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