The Central Government, today extended the due date for filing of the refund application by the notified agencies under section 55 of the Central Goods and Services Tax (CGST) Act.
A notification issued by the Board said that the specified persons as the class of persons who shall make an application for refund of tax paid by it on inward supplies of goods or services or both, to the jurisdictional tax authority, in such form and manner as specified, before the expiry of eighteen months from the last date of the quarter in which such supply was received.
Under the new tax regime, the Central Government may specify any specialized agency of the United Nations Organisation or any Multilateral Financial Institution and Organization 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.
The specified persons are entitled to a refund of tax paid by them on inward supplies of goods or services or both, may make an application for such refund, before the expiry of six months from the last day of the quarter in which such supply was received.
Subscribe Taxscan Premium to view the Judgment
