https://www.taxtmi.com/acts?id=24046 Misclassification of a supply between intra-State and inter-State treatment triggers a statutory mechanism for adjustment of tax paid under the wrong head. Where a registered person has paid Central tax and State tax, or Central tax and Union territory tax, on a transaction later held to be an inter-State supply, the amount so paid is refundable subject to prescribed manner and conditions. Where integrated tax has been paid on a transaction later held to be an intra-State supply, the registered person is not required to pay interest on the Central tax and State tax, or Central tax and Union territory tax, subsequently payable. en-us Mon, 27 Mar 2017 17:27:55 +0530 Thu, 25 Jun 2026 18:21:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24046 Misclassification of a supply between intra-State and inter-State treatment triggers a statutory mechanism for adjustment of tax paid under the wrong head. Where a registered person has paid Central tax and State tax, or Central tax and Union territory tax, on a transaction later held to be an inter-State supply, the amount so paid is refundable subject to prescribed manner and conditions. Where integrated tax has been paid on a transaction later held to be an intra-State supply, the registered person is not required to pay interest on the Central tax and State tax, or Central tax and Union territory tax, subsequently payable. Act-Rules GST Mon, 27 Mar 2017 17:27:55 +0530 https://www.taxtmi.com/acts?id=24046