Amendments to Section 38 of the Central Goods and Services Tax Act
Section 38 of the Central Goods and Services Tax Act has undergone specific amendments. Firstly, in sub-section (1), the term "an auto-generated statement" is replaced with "a statement." This change simplifies the language and possibly the process by removing the implication that the statement is automatically generated. Secondly, in sub-section (2), several modifications are made: the phrase "auto-generated statement under" is changed to "statement referred in," again removing the automatic connotation. Additionally, in clause (a), the word "and" is removed, which could affect how clauses are connected or interpreted. In clause (b), the insertion of the word "including" after "by the recipient," broadens the scope of the clause, potentially allowing for more comprehensive inclusion of details. Finally, a new clause (c) is added, which allows for "such other details as may be prescribed." This addition provides flexibility for further details to be specified as needed, possibly allowing the section to adapt to future requirements or changes in the regulatory environment.
Note: It is an AI generated summary for reference purpose only.
Amendment of section 38.
127. In section 38 of the Central Goods and Services Tax Act,––
(i) in sub-section (1), for the words “an auto-generated statement”, the words “a statement” shall be substituted;
(ii) in sub-section (2),––
(a) for the words “auto-generated statement under”, the words “statement referred in” shall be substituted;
(b) in clause (a), the word “and” shall be omitted;
(c) in clause (b), after the words “by the recipient,”, the word “including” shall be inserted;
(d) after clause (b), the following clause shall be inserted, namely:—
