CBIC notifies changes in the definition of Union Territory under Goods and Service Tax Act, 2017 to come into effect from 30th day of June, 2020

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 49/2020 – Central tax dated 24th June, 2020 to notify that Central government appoints 30th day of June, 2020, as the date on which the provisions of sections 118 & 130 of the Finance Act , 2020 shall come into force

Key points of the Amendment are:

1. As per the amendment under Section 118 of Finance Act , 2020 – sub-clauses (c) and (d) of clause 114 of section 2 of CGST Act, 2017 relating to the definitions of Union Territory shall be substituted, namely:— “(c) Dadra and Nagar Haveli and Daman and Diu; (d) Ladakh;”. Earlier, Dadra and Nagar Haveli and Daman and Diu were under separate sub clauses.

2. As per the amendment under Section 130 of Finance Act , 2020 – Section 172 of CGST Act, 2017 relating to Removal of difficulty order has been amended – where the government may, on the recommendations of the Council, by a general or a special order make such provisions not inconsistent with the provisions of this Act or the rules or regulations made thereunder to remove the difficulty . This order can now be made after the expiry of a period of five years from the date of commencement of this Act. Earlier the expiry period was three years from the date of commencement of this Act.

CBIC has issued similar Notification No. 04/2020 – Integrated Tax dated 24th June, 2020 to appoint the 30th day of June, 2020, as the date on which the provisions of section 134 of the said Act, shall come into force under which section 25 of the Integrated Goods and Services Tax Act, 2017 has been amended to provide that removal of difficulty Order can be made after the expiry of a period of five years from the date of commencement of this Act.

For further details please refer the attached document.

 

Source: Central Board of Indirect Taxes & Customs

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