Quick Summary
The Ministry of Finance has notified November 1, 2026, as the effective date for the implementation of Sections 153 to 155 of the Finance Act, 2026. The announcement was made through Notification No. 03/2026 - Central Tax, dated October 26, 2026, issued by the Central Board of Indirect Taxes and Customs (CBIC). Under the notification, the Central Government has exercised its powers under Section 1(2)(b) of the Finance Act, 2026, to appoint November 1, 2026, as the date on which the provisions o
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
These sections will come into force on November 1, 2026.
The notification was issued by the Ministry of Finance, Department of Revenue, through the Central Board of Indirect Taxes and Customs (CBIC).
The notification number is 03/2026–Central Tax, dated October 26, 2026.
It formally brings Sections 153 to 155 of the Finance Act, 2026, into effect, which is important for taxpayers and businesses tracking legislative changes.
The notification only specifies the commencement date. The precise implications will depend on the content of Sections 153-155 and any related rules or clarifications. Businesses should review these sections to assess necessary compliance updates.
CAclubindia
