CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018
Section 30 - Amendment of schedule I
Section 30: Amendment to Schedule I - Terminology Change
This section discusses a change in terminology within Schedule I of the principal Act. Specifically, in paragraph 4, the term "taxable person" is being replaced with the term "person". This amendment simplifies the language by broadening the scope from specifically taxable individuals or entities to any person, which may have implications for the interpretation and application of the Act. This change aims to clarify and possibly expand who is affected or covered under the provisions of Schedule I.
Note: It is an AI generated summary for reference purpose only.
Amendment of Schedule I.
30. In Schedule I of the principal Act, in paragraph 4, for the words “taxable person”, the word “person” shall be substituted.