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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 21/2018- Integrated Tax (Rate)
New Delhi, the 26th July, 2018
G.S.R. (E).- In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3)
of section 54 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with section 20
of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) the Central Government, on the
recommendations of the Council, hereby makes the following amendments in the
notification of
the Government of India in the Ministry of Finance (Department of Revenue), No.5/2017-
Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India,
Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 670(E), dated the 28th
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 1st 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 31st day of July 2018, shall lapse.”.
[F.No.354/255/2018-TRU]
(Gunjan Kumar Verma)
Under Secretary to the Government of India
Note: - The principal notification No.5/2017-Integrated Tax (Rate), dated the 28th June, 2017
was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide
number G.S.R. 670(E), dated the 28th June, 2017 and last amended vide notification No.
46/2017-Integrated Tax (Rate) dated 14th November, 2017 published in the Gazette of India,
Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1395 (E), dated the 14th
November, 2017.
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