Date of enactment of finance act 2011

Save Share

This query is : Resolved

PUNEET GOYAL (Querist)
Follow

22 November 2011 Dear Sirs/Colleagues,

I want to know how to get the date of applicability of clause 71 & 72 (service tax) of Finance Act, 2011.

Shaleen Shah

Shaleen Shah (Expert)
Follow

23 November 2011 Please refer to the following link for a complete roundup with effective dates:

https://www.vnca.com/2011/04/27/budget-2011-finance-act-2011-complete-roundup-of-service-tax-provisions-with-effective-date/

PUNEET GOYAL

PUNEET GOYAL (Querist)
Follow

23 November 2011 Thanks a lot for ur reply.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)

New Delhi, the 25th April, 2011

Notification No. 29/2011 – Service Tax

G.S.R. (E).- In exercise of the powers conferred by clauses (A) and (B) of section 71of the Finance Act, 2011 ( 8 of 2011), the Central Government hereby appoints the 1st day of May 2011, as the date on which the provisions of the said Act shall come into force.

[F. No. 334/3/ 2011 – TRU]

(Sanjeev Kumar Singh)
Under Secretary to the Government of India

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

Government of India
Ministry of Finance
Department of Revenue

CORRIGENDUM

New Delhi, the 26th April, 2011

G.S.R. (E).- In the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 29/2011-Service Tax, dated the 25th April, 2011 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 337 (E), dated the 25th April, 2011, -

for “section 71” read “section 74".

[F. No. 334/3/2011-TRU]

(SANJEEV KUMAR SINGH)
Under Secretary to the Government of India

Now my query is that above notification talks about clause A & B of Section 71 of FA 2011 and corrigendum says that read 74 instead of 71. Here how to get the date of applicability of remaining clauses (i.e. c to p of section 71) ? And corrigendum says read section 74 while this clause is not applicaple for amendments in service tax act. Then on which basis we will take date of applicability for amendments in service tax act.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now