Section 9 GST Compensation to States Act 2017
[ Section 9 GST Compensation to States Act 2017 notified w.e.f 01.07.2017 vide Notification No. 1/2017 – Goods and Services Tax Compensation Dated 28th June, 2017 ]
[ Goods And Services Tax (Compensation To States) Act, 2017 . This Act has been assented by the President of India on 12-4-2017. This is an Act to provide for compensation to the States for the loss of revenue arising on account of implementation of the goods and services tax in pursuance of the provisions of the Constitution (One Hundred and First Amendment) Act, 2016. ]
Returns, payments and refunds.
9. (1) Every taxable person, making a taxable supply of goods or services or both, shall—
|(a)||pay the amount of cess as payable under this Act in such manner;|
|(b)||furnish such returns in such forms, along with the returns to be filed under the Central Goods and Services Tax Act; and|
|(c)||apply for refunds of such cess paid in such form, as may be prescribed.|
(2) For all purposes of furnishing of returns and claiming refunds, except for the form to be filed, the provisions of the Central Goods and Services Tax Act and the rules made thereunder, shall, as far as may be, apply in relation to the levy and collection of the cess leviable under section 8 on all taxable supplies of goods or services or both, as they apply in relation to the levy and collection of central tax on such supplies under the said Act or the rules made thereunder.
Read All Sections of Goods And Services Tax (Compensation To States) Act, 2017 .
If you have any thought on Section 9 GST Compensation to States Act 2017 share below by comment