Rule 10 - Prescribed time for refund of tax to the person from whom such amount was collected - Commodities Transaction Tax Rules, 2013

10. Prescribed time for refund of tax to the person from whom such amount was collected. ─ Every assessee, in case any amount is refunded to it on assessment under sub-section (2) of section 121 of the Act , shall, within thirty days from the date of receipt of such amount, refund the same to the concerned person from whom it was collected.