Section 2(14) of CGST Act: Meaning of “Authorised Bank”

Definition of the term “Authorised Bank” under the Central Goods and Services Tax (CGST) Act, 2017

As per Section 2(14) of the Central Goods and Services Tax (CGST) Act, 2017, unless the context otherwise requires, the term “authorised bank” shall mean a bank or a branch of a bank authorised by the Government to collect the tax or any other amount payable under this Act.

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