CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018
Section 29 - Amendment of section 143
Amendment to Section 143: Extension of Time Periods
The amendment to Section 143 of the principal Act introduces a new provision in sub-section (1), clause (b). It allows for the extension of certain time periods specified in the section. Specifically, the Commissioner now has the authority to extend the original period of one year by an additional year, and the original period of three years by an additional two years, provided there is a sufficient cause shown for the extension. This change offers more flexibility in managing timelines under the Act, accommodating situations where more time is justified.
Note: It is an AI generated summary for reference purpose only.
Amendment of section 143.
29. In section 143 of the principal Act, in sub-section (1), in clause (b), after the proviso, the following proviso shall be inserted, namely:—
“Provided further that the period of one year and three years may, on sufficient cause being shown, be extended by the Commissioner for a further period not exceeding one year and two years respectively.”.
