19 Tax wrongfully collected and deposited with Central or State Government -Model IGST Law [ Nov 2016]

By | March 14, 2017
(Last Updated On: March 14, 2017)

Model IGST Law [ Nov 2016]

THE INTEGRATED GOODS AND SERVICES TAX ACT, 2016 

Section 19 Model IGST Law [ Nov 2016]

  1. Tax wrongfully collected and deposited with the Central or a State Government 

(1) A taxable person who has paid IGST on a supply considered by him to be an inter-state supply, but which is subsequently found to be an intra-State supply, shall, be granted refund of the amount of IGST so paid in such manner and subject to such conditions as may be prescribed.

(2) A taxable person who has paid CGST / SGST on a transaction considered by him to be an intra-State supply, but which is subsequently found to be an inter-State supply, shall not be required to pay any interest on the amount of IGST payable.

 

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