{"act":{"id":"finance-act-2020","short_title":"The Finance Act, 2020","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2020-2021.","act_number":null,"act_year":2020,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":157,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2020/"},"unit":"section","section":{"number":"123","heading":"Amendment of Section 31","text":"Amendment of section 31 123. In section 31 of the Central Goods and Services Tax Act, in sub-section (2), for the proviso, the following proviso shall be substituted, namely:- \"Provided that the Government may, on the recommendations of the Council, by notification,- (a) | specify the categories of services or supplies in respect of which a tax invoice shall be issued, within such time and in such manner as may be prescribed; (b) | subject to the condition mentioned therein, specify the categories of services in respect of which- (i) | any other document issued in relation to the supply shall be deemed to be a tax invoice; or (ii) | tax invoice may not be issued.\".","html":"<p><b>Amendment of section 31</b></p><p><b>123. </b>In section 31 of the Central Goods and Services Tax Act, in sub-section (<i>2</i>), for the proviso, the following proviso shall be substituted, namely:-</p><p>\"Provided that the Government may, on the recommendations of the Council, by notification,-</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>specify the categories of services or supplies in respect of which a tax invoice shall be issued, within such time and in such manner as may be prescribed;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>subject to the condition mentioned therein, specify the categories of services in respect of which-</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>any other document issued in relation to the supply shall be deemed to be a tax invoice; or</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>tax invoice may not be issued.\".</td></tr></table></div>","words":117,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2020/section/123/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}