Commodities Transaction Tax

Section - 115 - Extent, commencement and application

COMMODITIES TRANSACTION TAX

CHAPTER VII OF FINANCE ACT, 2013

COMMODITIES TRANSACTION TAX*

Extent, commencement and application.

115. (1) This Chapter extends to the whole of India.

(2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

(3) It shall apply to taxable commodities transactions entered into on or after the commencement of this Chapter.

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*1-7-2013 (Vide Notification No. S.O. 1768(E), dated 19-6-2013).

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