Extension of due date for filing of Application for Refund under Section 55 of CGST Act by notified agencies

Mar 29, 2018 | by Avantis RegTech Legal Research Team

The Government had laid down the conditions and restrictions for claiming of refund of taxes under Section 55 of the Central Goods and Services Tax Act, 2017 for any specialised agency of the United Nations Organisation or any Multilateral Financial Institution and Organisation notified under the United Nations (Privileges and Immunities) Act, 1947, Consulate or Embassy of foreign countries and any other person or class of persons as may be specified in this behalf.

Under section 55 of the said Act, the specified persons are entitled to a refund of tax paid by them on inward supplies of goods or services or both, when they make an application for such refund, in such form and manner as may be prescribed, before the expiry of six months from the last day of the quarter in which such supply was received.

Now, the Central Government, on the recommendations of the Council, has notified that the specified persons as the class of persons who shall make an application for refund of tax paid by it on inward supplies of goods or services or both, to the jurisdictional tax authority, in such form and manner as specified, before the expiry of eighteen months from the last date of the quarter in which such supply was received.

 [Notification No. 20/2018 – Central Tax]

URL: http://www.cbec.gov.in/resources//htdocs-cbec/gst/Notification-20-2018-central_tax-English.pdf

 


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