Section 151 - Substitution of new section for section 114

Substitution of Section 114: President's Financial and Administrative Powers

The Central Goods and Services Tax Act has introduced a change to Section 114. The new section gives the President the authority to exercise financial and administrative powers over the Appellate Tribunal. These powers will be defined by specific regulations. This change centralizes control under the President, providing a clear framework for the management and oversight of the Tribunal's operations.