CBIC Rescinds Notification Extending Due Date for Filing of Application for GST Refund u/s 55 by Notified Agencies [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC) has rescinded the notification extending the due date for filing of the application for GST Refund under section 55 by notified agencies.

A notification issued by the Board on Wednesday said that “In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, being satisfied that it is necessary for the public interest so to do, on the recommendations on the Council, hereby rescinds the notification of the Government of India, Ministry of Finance (Department of Revenue), No.20/2018-Central Tax, dated the 28th March, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section(i), vide number G.S.R. 309 (E), dated the 28th March, 2018, except as respects things done or omitted to be done before such rescission.”

As per section 55 of the Central Goods and Services Tax Act, 2017, the Government may, on the recommendations of the Council, by notification, specify any specialized 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.

To Read the full text of the Notification CLICK HERE

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