{"id":731,"date":"2017-06-10T13:05:27","date_gmt":"2017-06-10T13:05:27","guid":{"rendered":"http:\/\/www.hostbooks.com\/in\/?p=731"},"modified":"2017-06-10T13:05:27","modified_gmt":"2017-06-10T13:05:27","slug":"section-70-tax-wrongfully-collected-and-deposited-with-the-central-or-a-state-government-demands-and-recovery","status":"publish","type":"post","link":"https:\/\/www.hostbooks.com\/in\/hb\/gst-act\/section-70-tax-wrongfully-collected-and-deposited-with-the-central-or-a-state-government-demands-and-recovery\/","title":{"rendered":"Section 70 : Tax wrongfully collected and deposited with the Central or a State Government &#8211; Demands And Recovery"},"content":{"rendered":"<p><strong>Tax wrongfully collected and deposited with the Central or a State Government &#8211; Demands And Recovery<\/strong><\/p>\n<p>(1) A taxable person who has paid CGST\/SGST (in SGST Act) 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 granted refund of the amount of CGST \/SGST (in SGST Act) so paid in such manner and subject to such conditions as may be prescribed.<\/p>\n<p>(2) A taxable person who has paid IGST 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 CGST\/SGST payable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tax wrongfully collected and deposited with the Central or a State Government &#8211; Demands And<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":1260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/731"}],"collection":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/comments?post=731"}],"version-history":[{"count":0,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/media\/1260"}],"wp:attachment":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/media?parent=731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/categories?post=731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/tags?post=731"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/yst_prominent_words?post=731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}