| Date: |
28-06-2017
|
| Notification No: |
Notification No. 13/2017-Central Tax
|
| Issuing Authority: |
GST
|
| Type: |
Central Tax Notifications
|
| File No: |
F. No.349/72/2017-GST |
| Subject: |
Seeks to prescribe rate of interest under CGST Act, 2017
|
|
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Notification No. 13/2017 – Central
Tax
New Delhi, the 28th June, 2017
7 Ashadha, 1939 Saka
G.S.R. …..(E).—In exercise of the powers conferred by 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 |
Sub-section (1) of section 50 |
18 |
| 2 |
sub-section (3) of section 50 |
24 |
| 3 |
sub-section (12) of section 54 |
6 |
| 4 |
section 56 |
6 |
| 5 |
proviso to section 56 |
9 |
2. This notification shall come into force from the 1st day of July, 2017
(Dr. Sreeparvathy S.L.)
Under Secretary to the Government of India
[F. No.349/72/2017-GST]
|
|
|