Chapter XI (Sections 54-58) of the Central Goods and Services Tax (CGST) Act, 2017 deals with provisions related to Refunds. Section 55 of Central Goods and Services Tax Act, 2017 (12 of 2017) provides for refund in certain cases under CGST Act 2017.
Recently, we have discussed in detail section 54 (i.e. Refund of tax) of CGST Act 2017. Today, we learn the provisions of section 55 of the CGST Act 2017. Complete Details of CGST Section 55 – Refund in certain cases. You may CLICK HERE to download list of all sections of CGST Act 2017 in PDF format.
Notes on Section 55 of CGST Act 2017
Section 55 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 55 of CGST Act 2017 read with Central GST Rules 2017.
The Government may, on the recommendations of the Council, by notification, 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, 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.