Section 55 of CGST Act, 2017 : Section 55: Refund In Certain Cases

Explanation using Example

Imagine a scenario where the United Nations Children's Fund (UNICEF), a specialised agency of the United Nations, is operating in India for a child education project. UNICEF purchases educational materials and services which are subject to GST. Under Section 55 of The Central Goods and Services Tax Act, 2017, the Indian Government, following the Council's recommendations, can issue a notification that allows UNICEF to claim a refund for the GST paid on these purchases. This refund process would be subject to certain prescribed conditions and restrictions, ensuring that the benefit is properly administered and restricted to the intended agency.