CHAPTER VIII APPORTIONMENT OF TAX AND SETTLEMENT OF FUNDS

Section 19 - Tax wrongfully collected and paid to Central Government or State Government

19. Tax wrongfully collected and paid to Central Government or State Government.[1]

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

(2) A registered person who has paid central tax and State tax or Union territory tax, as the case may be, on a transaction considered by him to be an intra-State supply, but which is subsequently held to be an inter-State supply, shall not be required to pay any interest on the amount of integrated tax payable.

 

[1] This Section was made effective by Notification No. 03/2017-Integrated Tax dt. 28-06-2017 wef 01-07-2017.

GST Gyaan | https://gstgyaan.in | CA Rajesh Ritolia - 9350171263

Top