[1]Section 128 - 

Amendment of section 54.

128. In section 54 of the Central Goods and Services Tax Act, ––

(a)  in sub-section (3), the second proviso shall be omitted.

(b)   after sub-section (14) and before the Explanation, the following sub-section shall be inserted, namely: ––

“(15) Notwithstanding anything contained in this section, no refund of unutilized input tax credit on account of zero-rated supply of goods or of integrated tax paid on account of zero-rated supply of goods shall be allowed where such zero-rated supply of goods is subjected to export duty.”.

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