Provisions under Section 12 of the UTGST Act 2017 relating to “Tax wrongfully collected and paid to Central Government or Union territory Government”:
Section 12: Tax wrongfully collected and paid to Central Government or Union territory Government CHAPTER VI: DEMAND AND RECOVERY) [*1]
(1) A registered person who has paid the central tax and the Union territory tax on a transaction considered by him to be an intra-State supply, but which is subsequently held to be an inter-State supply, shall be refunded the amount of taxes so paid in such manner and subject to such conditions as may be prescribed.
(2) A registered person who has paid integrated tax on a transaction considered by him to be an inter-State supply, but which is subsequently held to be an intra-State supply, shall not be required to pay any interest on the amount of the central tax and the Union territory tax payable.
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Notes (History of Amendments in Bare Text):
1. UTGST Act 2017 notified vide GOI Notification dated 12/04/2017. CBEC notified 01/07/2017 as commencement date of Section 12 vide Notification 3/2017.