CBIC Rescinds Notification Extending Due Date To File GST Refund Application From 1 October 2022

The Central Board of Indirect Taxes and Customs (CBIC) has rescinded the notification extending the due date to file Goods and Service Tax (GST) refund applications from 1 October 2022.

"It is necessary for the recommendation of the Council, hereby rescind 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," the circular read.

As per the notification dated March 28, 2018, the specified persons as the class of persons who shall make an application for a refund of tax paid by them on inward supplies of goods or services or both, to the jurisdictional tax authority before the expiry of 18 months from the last date of the quarter in which such supply was received.

As per section 54(2) of the CGST Act, the specified persons under section 55 who are entitled to a refund of tax paid by them on inward supplies of goods or services or both, may make an application for a refund, in such form and manner as may be prescribed, before the expiry of six months from the last day of the quarter in which the supply was received.

Under Section 55, the Government, on the recommendations of the Council, by notification, specifies any specialised agency of the United Nations Organisation or any Multilateral Financial Institution or Organisation, Consulate or Embassy of foreign countries, subject to conditions and restrictions as may be prescribed, is entitled to claim a refund of taxes paid on the notified supplies of goods or services or both received by them.

Notification No. 20 /2022–Central Tax

Dated: 28.09.2022

Click Here To Read Notification