Seeks to notify the provisions of section 100 of the Finance (No. 2) Act, 2019 to amend section 50 of the CGST Act, 2017 w.e.f. 01.09.2020.
Notification of Commencement Date for Section 100 of the Finance Act, 2019
The Government of India, through the Ministry of Finance's Department of Revenue and the Central Board of Indirect Taxes and Customs, has issued Notification No. 63/2020 – Central Tax. This notification, dated 25th August 2020, announces that the provisions of section 100 of the Finance (No. 2) Act, 2019, will become effective on the 1st of September, 2020. The decision is made under the authority granted by sub-section (2) of section 1 of the Finance (No. 2) Act, 2019. This action signifies the formal commencement of section 100, thereby bringing its provisions into practical effect from the specified date. The notification is signed by Pramod Kumar, Director to the Government of India, under file number 20/06/09/2019-GST.
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Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs
Notification No. 63/2020 – Central Tax
New Delhi, the 25th August, 2020
G.S.R. ….(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the Finance (No. 2) Act, 2019 (23 of 2019), the Central Government hereby appoints the 1st day of September, 2020, as the date on which the provisions of section 100 of the Finance (No. 2) Act, 2019 (23 of 2019), shall come into force.
