Section 55 CGST Act 2017- Refund in certain cases.

By | April 17, 2017
(Last Updated On: March 29, 2018)

Section 55 CGST Act 2017

[ Section 55 CGST Act 2017 Notified w.e.f 01.07.2017 vide Notification No. 9/2017 – Central Tax Dated 28th June, 2017 ]

Section 55 CGST Act 2017 explains  Refund in certain cases and is covered in Chapter XI – Refunds 

[Note : CGST Act 2017 also known as CENTRAL GOODS AND SERVICES TAX ACT, 2017 assented by the President of India on 12-4-2017 -An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the Central Government and the matters connected therewith or incidental thereto. ]

Refund in certain cases.

55. The Government may, on the recommendations of the Council, by notification [ Note-1 to 9 ], specify 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 (46 of 1947), Consulate or Embassy of foreign countries and any other person or class of persons as may be specified in this behalf, who shall, subject to such conditions and restrictions as may be prescribed, be entitled to claim a refund of taxes paid on the notified supplies of goods or services or both received by them.


Note

9. Extension of due date for filing of application for refund under section 55 by notified agencies  vide Notification No 20/2018 Central Tax Dated  28th March, 2018

1 Refund of 50% of CGST on supplies to CSD under section 55 of CGST Act 2017 vide Notification No.6/2017-Central Tax (Rate) Dated  28th June, 2017

2. Refund of 50% of IGST on supplies to CSD under section 20 of IGST Act 2017 Vide Notification No.6/2017-Integrated Tax (Rate) Dated 28th June, 2017

3 Prescribing refund of 50% of UTGST on supplies to CSD under section 55 of CGST Act vide Notification No. 6/2017-Union Territory Tax (Rate) Dated the 28th June, 2017

4. Exemption from UTGST supplies by CSD to Unit Run Canteens and supplies by CSD / Unit Run Canteens to authorised customers notified under section 8 (1) of UTGST Act and section 55 CSD of CGST Act vide Notification No. 7/2017-Union Territory Tax (Rate) Dated the 28th June, 2017

5 To notify specialised agencies entitled to claim a refund of taxes paid on the notified supplies of goods or services or both received by them under UTGST Act vide Notification No. 16/2017-Union Territory Tax (Rate) Dated the 28th June, 2017

6 To notify specialised agencies entitled to claim a refund of taxes paid on the notified supplies of goods or services or both received by them under CGST Act vide Notification No. 16/2017-Central Tax (Rate) Dated 28th June, 2017

7. To notify specialised agencies entitled to claim a refund of taxes paid on the notified supplies of goods or services or both received by them under IGST Act Vide Notification No. 13/2017-Integrated Tax (Rate) Dated 28th June, 2017

8. Seeks to cross-empower State Tax officers for processing and grant of refund vide Notification No 39/2017 Central Tax dated 13th October, 2017

 

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