Notification No. 12/2017
Date: June 28, 2017
Subject: Restriction on refund of unutilised ITC for specified services under IGST.
Description:
This notification specifies that refund of unutilised input tax credit shall not be allowed in respect of services falling under paragraph 5(b) of Schedule II of the CGST Act, i.e., construction of complex, building, civil structure or part thereof intended for sale. The restriction applies where tax is paid on inter-State supplies of such services.
Issued for earlier notification?
No — this is an independent restriction notification.