Central Government amends notification under CGST Act based on Council recommendations.
Proviso inserted regarding input tax credit accumulation.
Amendment targets Notification No. 5/2017- Integrated Tax (Rate).
Input tax credit on specified goods received after August 1, 2018, not covered by the notification.
Accumulated input tax credit for certain goods received before August 1, 2018, to lapse after July 31, 2018.
Signed by Gunjan Kumar Verma, Under Secretary to the Government of India.
Original notification published on June 28, 2017, last amended on November 14, 2017.