Clause 1
1. In exercise of the powers conferred by section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), read with sub-sections (1) and (3) of section 50, sub-section (12) of section 54 and section 56 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby fixes the rate of interest per annum, for the purposes of the sections as specified in column (2) of the Table below, as mentioned in the corresponding entry in column (3) of the said Table. Table Serial Number Section Rate of interest
(in per cent)
(1) (2) (3)
1. Section 20 of the Integrated Goods and Services Tax 18 Act, 2017 read with sub-section (1) of section 50 of the Central Goods and Services Tax Act, 2017
2. section 20 of the Integrated Goods and Services Tax 24 Act, 2017 read with sub-section (3) of section 50 of the Central Goods and Services Tax Act, 2017
3. section 20 of the Integrated Goods and Services Tax 6 Act, 2017 read with sub-section (12) of section 54 of the Central Goods and Services Tax Act, 2017
4. section 20 of the Integrated Goods and Services Tax 6 Act, 2017 read with section 56 of the Central Goods and Services Tax Act, 2017
5. section 20 of the Integrated Goods and Services Tax 9 Act, 2017 read with proviso to section 56 of the Central Goods and Services Tax Act, 2017
2. This notification shall come into force from the 1st day of July, 2017.
The text above is a reproduction prepared for this register, not the certified Gazette wording. The Gazette in which the instrument was published remains the authentic record.
References marked in the words above
- section 56 of the Central Goods and Services Tax Act, 2017
- sub-section (1) of section 50 of the Central Goods and Services Tax Act, 2017
- sub-section (3) of section 50 of the Central Goods and Services Tax Act, 2017
- sub-section (12) of section 54 of the Central Goods and Services Tax Act, 2017
- section 20 of the Integrated Goods and Services Tax 24 Act, 2017 / the register holds no page for the place cited, so nothing is marked for these words
- section 20 of the Integrated Goods and Services Tax 6 Act, 2017 / the register holds no page for the place cited, so nothing is marked for these words
- section 20 of the Integrated Goods and Services Tax 9 Act, 2017 / the register holds no page for the place cited, so nothing is marked for these words
- section 20 of the Integrated Goods and Services Tax Act, 2017 / the register holds no page for the place cited, so nothing is marked for these words