Important Keyword: F. No.349/72/2017-GST, Notification No. 13/2017 – Central Tax, Section 50(3) (1) CGST Act 2017, Section 54(12) CGST Act 2017, Section 56 CGST Act 2017.
[F. No.349/72/2017-GST]
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
New Delhi, the 28th June, 2017
7 Ashadha, 1939 Saka
Notification No. 13/2017 – Central Tax
Table of Contents
GST: [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
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. Sree Parvathy S.L.)
Under Secretary to the
Government of India
Web Stories: Notification No. 14/2017 – Central Tax: Assigning jurisdiction and power to officers of various directorates
Download Pdf: https://taxinformation.cbic.gov.in/
