Amendment of section 130.
118. In section 130 of the Central Goods and Services Tax Act,––
(a) in sub-section (1), for the words “Notwithstanding anything contained in this Act, if ”, the word “Where” shall be substituted;
(b) in sub-section (2), in the second proviso, for the words,brackets and figures “amount of penalty leviable under sub-section (1)
of section 129”, the words “penalty equal to hundred per cent. of the tax payable on such goods” shall be substituted;
(c) sub-section (3) shall be omitted
Get Tax Updates Via Whatsapp
