Section 62, Goods and Services Tax (Compensation to States) Act, 2017 [S28-6SJ]
As at 7 September 2026. In force from 17 January 2019 by S.O. 2168(E) [N12-JKA].
62. Grant of licence.—(1) An application for a licence to undertake the supply of goods or services shall be made to the Board in Form GST REG-01, accompanied by a fee of one thousand rupees. (2) The Board may, after making such inquiry as it thinks fit, grant the licence subject to such conditions as may be prescribed, or, for reasons to be recorded in writing, refuse to grant the licence. (3) A licence granted under this section shall be valid for a period of three years from the date of its grant and may be renewed in such manner as may be prescribed. (4) The Board may, after giving the licensee an opportunity of being heard, suspend or cancel a licence for contravention of any condition thereof.
Defined terms in this text (2)
Board: Section 2, Goods and Services Tax (Compensation to States) Act, 2017 [S284XJ] (In this Act, unless the context otherwise requires,—): "Board" means the Central Board of Indirect Taxes and Customs constituted under the Central Boards of Revenue Act, 1963 (54 of 1963)
Board: 279 more definitions.
goods: Section 2, Goods and Services Tax (Compensation to States) Act, 2017 [S284XJ] (In this Act, unless the context otherwise requires,—): "goods" includes vessels, aircraft and vehicles, stores, baggage, currency and negotiable instruments, and any other kind of movable property
goods: 38 more definitions.
Made under this section, or naming it (0)
none
Cited by (1)
Section 61, Goods and Services Tax (Compensation to States) Act, 2017 [S28-6RG], 21 September 2017, Band A. "section 62".
Not held (0)
none
Duties published under this section (0)
none