Retrospective exemption to certain activities and transactions in Schedule III to the West Bengal Goods and Services Tax Act, 2017

(1) In Schedule III to the West Bengal Goods and Services Tax Act, 2017, paragraphs 7 and 8 and the Explanation 2 thereof (as inserted vide West Ben. Act XXIV of 2018) shall be deemed to have been inserted therein with effect from the 1st day of July, 2017. (2) No refund shall be made of all the tax which has been collected, but which would not have been so collected, had sub-section (1) been in force at all material times.