This notification announces the enforcement of Section 128 of the Finance Act, 2020, effective from 18th May 2020. This brings about an amendment to Section 140 of the CGST Act. The amendment is backdated to apply from 1st July 2017.
[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)
Central Board of Indirect Taxes and Customs
Notification No. 43/2020 Central Tax
New Delhi, the 16th May, 2020
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FAQ :
Section 128 of the Finance Act, 2020 comes into force on the 18th day of May, 2020.
The notification brings into force Section 128 of the Finance Act, 2020, which amends Section 140 of the CGST Act.
The amendment to Section 140 of the CGST Act is effective from 1st July 2017.
Section 128 of the Finance Act, 2020 is being enforced.
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Notification No : Notification No. 43/2020 – Central TaxPublished in GST
Source : https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-43-central-tax-english-2020.pdf