# The Finance Act, 2019 (No. 2), Section 130: Restrictions of Scheme

- Act: The Finance Act, 2019 (No. 2)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2019-no-2/section/130/

## Text

Restrictions of Scheme 130. (1) Any amount paid under this Scheme,— (a) | shall not be paid through the input tax credit account under the indirect tax enactment or any other Act; (b) | shall not be refundable under any circumstances; (c) | shall not, under the indirect tax enactment or under any other Act,— (i) | be taken as input tax credit; or (ii) | entitle any person to take input tax credit, as a recipient, of the excisable goods or taxable services, with respect to the matter and time period covered in the declaration. (2) In case any predeposit or other deposit already paid exceeds the amount payable as indicated in the statement of the designated committee, the difference shall not be refunded.

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