Amendment in Notification No. 521/2017/9(120)/XXVII(8)/2017, dated 29th June, 2017 - 730/2018/5(120)/XXVII(8)/CTR-20 - Uttarakhand SGST

Government of Uttarakhand Finance Section-8 No. 730/2018/5(120)/XXVII(8)/CTR-20 Dehradun :: Dated:: 20th August, 2018 WHEREAS, the State Government is satisfied that it is expedient so to do in public interest; Now, THEREFORE, In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of section 54 of the Uttarakhand Goods and Services Tax Act, 2017 (06 of 2017) read with section 21 of the Uttar Pradesh General Clause Act, 1904 (Act no. 1 of 1904) (as applicable in the State of Uttarakhand) on the recommendations of the Council, the Governor is pleased to allow to make the following further amendments in the notification of the Government of Uttarakhand, Finance Section-8, No. 521/2017/9(120)/XXVII(8)/2017, dated 29th June, 2017, namely:-- In the said notification, in the opening paragraph the following proviso shall be inserted namely - Provided that, -- (i) nothing contained in this notification shall apply to the input tax credit accumulated on supplies received on or after the 1 st day of August, 2018, in respect of goods mentioned at serial numbers 1, 2, 3, 4 5, 6, 6A, 6B, 6C and 7 of the Table below; and (ii) in respect of said goods, the accumulated input tax credit lying unutilised in balance, after payment of tax for and upto the month of July 2018, on the inward supplies received up to the 31 st day of July, 2018, shall lapse. By Order, AMIT SINGH NEGI, Secretary