Chapter XVII (Sections 107-121) of the Central Goods and Services Tax (CGST) Act, 2017 deals with provisions related to advance ruling. Section 114 of Central Goods and Services Tax Act, 2017 (12 of 2017) provides for Financial and administrative powers of President under CGST Act 2017.
Recently, we have discussed in detail section 113 (i.e. Orders of Appellate Tribunal) of CGST Act 2017. Today, we learn the provisions of section 114 of the CGST Act 2017. Complete Details of CGST Section 114 – Financial and administrative powers of President. You may CLICK HERE to download list of all sections of CGST Act 2017 in PDF format.
Notes on Section 114 of CGST Act 2017
Section 114 of CGST Act 2017 shall come into force on 01.07.2017 vide Notification No. 9/2017 – Central Tax, G.S.R. 658(E), dated 28.06.2017. In this note, you will learn detail of the provisions of section 114 of CGST Act 2017 read with Central GST Rules 2017.
The President shall exercise such financial and administrative powers over the National Bench and Regional Benches of the Appellate Tribunal as may be prescribed: Provided that the President shall have the authority to delegate such of his financial and administrative powers as he may think fit to any other Member or any officer of the National Bench and Regional Benches, subject to the condition that such Member or officer shall, while exercising such delegated powers, continue to act under the direction, control and supervision of the President.