Seeks to notify section 110 and 111 of the Finance Act, 2021 w.e.f. 01.08.2021


Quick Summary
The Central Government has appointed 1st August 2021 as the date when specific provisions of the Finance Act, 2021, will come into effect. This notification specifically covers sections 110 and 111 of the Act. These changes are being implemented under the powers granted by the Finance Act itself.

Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs
Notification No. 29/2021 – Central Tax
New Delhi, the 30th July, 2021

S.O. ..... (E). - In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance Act, 2021 (13 of 2021), the Central Government hereby appoints the 1st day of August, 2021, as the date on which the provisions of sections 110 and 111 of the said Act shall come into force.

[F. No. CBIC-20001/5/2021-GST]
(Rajeev Ranjan)
Under Secretary to the Government of India

FAQ :

The effective date for Sections 110 and 111 of the Finance Act, 2021, is 1st August 2021.

Sections 110 and 111 of the Finance Act, 2021, are being brought into force.

The Central Government has appointed the effective date.

The date is appointed in exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance Act, 2021.

 



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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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