Notification No. 5/2017-State Tax (Rate) [ Maharashtra ] Dated 29th June 2017
Supplies of goods in respect of which no refund of unutilised input tax credit shall be allowed under Maharashtra GST Act 2017 vide Notification No. 5/2017-State Tax (Rate) [ Maharashtra ] Dated 29th June 2017
Madam Cama Road, Hutatma Rajguru Chowk, Mantralaya,
Mumbai 400 032, Dated the 29th June 2017.
Notification No.5/2017-State Tax (Rate)
MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017.
No. MGST-1017/C.R. 103 (4)/ Taxation- 1.-In exercise of the powers conferred clause (ii) of the proviso to sub-section (3) of section 54 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Government of Maharashtra, 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 rate of tax on inputs being higher than the rate of tax on the output supplies of such goods (other than nil rated or fully exempt supplies).
Download Complete Notification No. 5/2017-State Tax (Rate) [ Maharashtra ] Dated 29th June 2017
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