Amendment in Notification No. 5/2017-State Tax (Rate), dated the 28th June, 2017 - 20/2018-STATE TAX (RATE) - Manipur SGST

GOVERNMENT OF MANIPUR SECRETARIAT: FINANCE DEPARTMENT (EXPENDITURE SECTION) NOTIFICATION NO.20/2018-STATE TAX (RATE) DATED 26-7-2018 NO.TAX/4(53)/GST-NOTN/2016 - In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of section 54 of the Manipur Goods and Services Tax Act, 2017 (3 of 2017), the State Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of Manipur, Secretariat: Finance Department (Expenditure Section), No.5/2017-State Tax (Rate), dated the 28th June, 2017, published in the Gazette of Manipur, Extraordinary, vide number 114, dated the 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 notificationshall apply to the input tax credit accumulated on supplies received on or after the 1st day of August, 2018, in respect of goods mentioned at serial numbers 1, 2, 3, 4, 5, 6, 6 A, 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 taxfor and upto the month of July, 2018,on the inward supplies received up to the 31st day of July 2018, shall lapse. .