{"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":"133","heading":"Restrospective effect to notification issued under clause (ii) of proviso to sub-section (3) of section 54 of Central Goods and Service Tax Act","text":"Retrospective effect to notification issued under clause (ii) of proviso to sub-section (3) of section 54 of Central Goods and Services Tax Act. 133. The notification of the Government of India in the Ministry of Finance (Department of Revenue) number G.S.R. 708(E), dated the 30th September, 2019, issued by the Central Government, on the recommendations of the Council, in exercise of the powers under clause (ii) of the proviso to sub-section (3) of section 54 of the Central Goods and Services Tax Act, 2017, (12 of 2017) read with sub-section (2) of section 9 of the Goods and Services Tax (Compensation to States) Act, 2017, (15 of 2017) shall be deemed to have, and always to have, for all purposes, come into force on and from the 1st day of July, 2017.","html":"<p><b>Retrospective effect to notification issued under clause (<i>ii</i>) of proviso to sub-section (<i>3</i>) of section 54 of Central Goods and Services Tax Act.</b></p><p><b>133. </b>The notification of the Government of India in the Ministry of Finance (Department of Revenue) number G.S.R. 708(<i>E</i>), dated the 30th September, 2019, issued by the Central Government, on the recommendations of the Council, in exercise of the powers under clause (<i>ii</i>) of the proviso to sub-section (<i>3</i>) of section 54 of the Central Goods and Services Tax Act, 2017, (12 of 2017) read with sub-section (<i>2</i>) of section 9 of the Goods and Services Tax (Compensation to States) Act, 2017, (15 of 2017) shall be deemed to have, and always to have, for all purposes, come into force on and from the 1st day of July, 2017.</p>","words":132,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2020/section/133/","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."}