This notification announces that amendments to Section 50 of the CGST Act, 2017, stemming from Section 100 of the Finance (No. 2) Act, 2019, will come into effect on 1st September 2020. The Central Government has appointed this date for these provisions to be enforced.
MINISTRY OF FINANCE
(Department of Revenue)
(Central Board of Indirect Taxes and Customs)
New Delhi
Notification No. 63/2020–Central Tax
Dated: 25th August, 2020
G.S.R. 527(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Finance (No. 2) Act, 2019 (23 of 2019), the Central Government hereby appoints the 1st day of September, 2020, as the date on which the provisions of section 100 of the Finance (No. 2) Act, 2019 (23 of 2019), shall come into force.
[F. No. 20/06/09/2019-GST]
PRAMOD KUMAR, Director
FAQ :
The amendments to Section 50 of the CGST Act, 2017, are effective from 1st September 2020.
These amendments were introduced by Section 100 of the Finance (No. 2) Act, 2019.
The Central Government has appointed the effective date.
Section 50 of the CGST Act, 2017, is being amended.
Guest
Notification No : Notification No. 63/2020–Central TaxPublished in GST
Source : https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-63-central-tax-english-2020.pdf