CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018
Section 31 - Amendment of schedule II
Amendment to Schedule II - Insertion of Words
Section 31 of the amendment modifies Schedule II of the principal Act by adding the words "OR TRANSACTIONS" to the heading following the word "ACTIVITIES." This change is retroactively effective from July 1, 2017, meaning it is considered as if it has been part of the law since that date. This alteration clarifies that the schedule applies not only to activities but also to transactions, ensuring a broader application and interpretation of the legal provisions within the schedule.
Note: It is an AI generated summary for reference purpose only.
Amendment of Schedule II.
31. In Schedule II of the principal Act, in the heading, after the word “ACTIVITIES”, the words “OR TRANSACTIONS” shall be inserted and shall always be deemed to have been inserted with effect from the 1st day of July, 2017.
