UTGST Section 12 – Tax Wrongfully Collected and Paid to Central Government or Union territory Government [Updated 2019]

UTGST Section 12 – Tax wrongfully collected and paid to Central Government or Union territory Government

UTGST Section 12 (1)

A registered person who has paid the central tax and the Union territory tax on a transaction considered by him to be an intra-State supply, but which is subsequently held to be an inter-State supply, shall be refunded the amount of taxes so paid in such manner and subject to such conditions as may be prescribed.

UTGST Section 12 (2)

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

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.