The Central Board of Indirect Taxes and Customs (CBIC) clarified the amount of CGST, SGST or IGST wrongly paid for intra-State or inter-State shall be refunded within 2 years.
The Board has received representations seeking clarification on the issues in respect of a refund of tax wrongly paid as specified in section 77(1) of the Central Goods and Services Tax Act, 2017 and section 19(1) of the Integrated Goods and Services Tax Act, 2017. In order to clarify these issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Board, in the exercise of its powers conferred by section 168 (1) of the CGST Act, clarified the issues in detail.
Source Taxscan
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