Notification No. 09/2022
Date: July 13, 2022
Subject: Amendment to Notification 05/2017–CT (Rate) expanding refund eligibility for accumulated ITC.
Description:
This notification restructures S. No. 1 as S. No. 1AA and inserts multiple new entries (1A to 1O). These include vegetable oils, coal, lignite, peat, and hydrogenated oils, making them eligible for refund of unutilised ITC under inverted duty structure. The amendment significantly broadens the scope of refund-eligible goods.
Issued for earlier notification?
Yes — amends Notification 05/2017–CT (Rate).