48th GST Council Meeting: Refund to unregistered persons

The GST Council’s 48th meeting was held in Delhi on December 17, 2022 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council has inter-alia made the recommendation for amendment in the Central Goods and Services Tax Rules, 2017 (“the CGST Rules”) along with issuance of a circular, to prescribe the procedure for filing application of refund by the unregistered buyers in cases, where there is no procedure for claim of refund of tax borne by the unregistered buyers in cases where the contract/ agreement for supply of services, like construction of flat/house and long-term insurance policy, is cancelled and the time period of issuance of credit note by the concerned supplier is over.

The Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1884399

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