Amendment to Section 23 of the Central Goods and Services Tax Act
This amendment updates Section 23 of the Central Goods and Services Tax Act. It replaces the existing sub-section (2) with a new provision, effective retroactively from July 1, 2017. The new sub-section (2) allows the government, upon the recommendation of the GST Council, to issue notifications that exempt certain categories of people from the requirement to register under the GST Act. These exemptions can be subject to specific conditions and restrictions as outlined in the notification. This change overrides any conflicting provisions in Section 22(1) or Section 24 of the Act. Essentially, this amendment gives the government the flexibility to decide who does not need to register for GST, based on recommendations and under certain conditions, thus potentially simplifying compliance for specific groups.
Note: It is an AI generated summary for reference purpose only.
Amendment of section 23.
140. In section 23 of the Central Goods and Services Tax Act, for sub-section (2), the following sub-section shall be substituted and shall be deemed to have been substituted with effect from the 1st day of July, 2017, namely:—
"(2) Notwithstanding anything to the contrary contained in sub-section (1) of section 22 or section 24, the Government may, on the recommendations of the Council, by notification, subject to such conditions and restrictions as may be specified therein, specify the category of persons who may be exempted from obtaining registration under this Act.".
