Clarification on refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics – regarding.
18\/18\/2017 Dated:- 16-11-2017 CGST – Circulars \/ Ordes
GST
Circular No. 18\/18\/2017-GST
\nF. No. 354\/320\/2017-TRU-Pt.1
\nGovernment of India
\nMinistry of Finance
\nDepartment of Revenue
\nTax research Unit
\nNorth Block, New Delhi
\n16th November 2017
\nTo,
\nThe Principal Chief Commissioners\/Chief Commissioners\/ Principal Commissioners\/ Commissioner of Central Tax (All) \/
\nThe Principal Director Generals\/ Director Generals (All)
\nMadam\/Sir,
\nSubject: Clarification on refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics – regarding.
\nDoubts have been raised regarding the rest<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n other than nil rated or fully exempt supplies), except supplies of goods or services or both as may be notified by the Government on the recommendations of the Council. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Clarification on refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics – regarding.18\/18\/2017 Dated:- 16-11-2017 CGST – Circulars \/ OrdesGSTCircular No. 18\/18\/2017-GST F. No. 354\/320\/2017-TRU-Pt.1 Government of India Ministry of Finance Department of Revenue Tax research Unit North Block, New Delhi 16th November 2017 To, The Principal … Continue reading “Clarification on refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics – regarding.”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8899","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8899"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8899\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n2.2 Based on the recommendations of the GST Council, Notification No. 5\/2017-Central Tax(Rate) dated 28.06.2017 [as amended from time to time] has been issued under clause (ii) of the proviso to sub-section (3) of section 54 of the CGST 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.
\n2.3 However, the aforesaid notification having been issued under clause (ii) of the proviso to sub-section (3) of section 54 of the CGST Act, 2017, restriction on refund o<\/p>\n
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