Source: http://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_No.56.pdf;jsessionid=A1F8B331DFA76D09AA2B3C74ACFB44CF     Aug 25, 2018

The Central Board of Indirect Taxes and Customs Vide Circular No. 56/30/2018-GST- Dated Aug 24, 2018 has issued circular on removal of restriction on ITC Refund on Fabrics.

Certain doubts have been raised regarding the applicability and intent of notification No. 20/2018-Central Tax (Rate) dated 26th July, 2018 relating to the provision for lapsing of input tax credit on account of inverted duty structure on fabrics for the period upto the July 31, 2018.

 It notified the items on which refund of accumulated input tax credit on account of inverted duty structure is not allowed. . Some of the items notified under this notification are fabrics.