{"act":{"id":"finance-act-2022","short_title":"The Finance Act, 2022","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2022-2023.","act_number":"6","act_year":2022,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":134,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2022/"},"unit":"section","section":{"number":"113","heading":"Amendment of section 54","text":"Amendment of section 54. 113.  In section 54 of the Central Goods and Services Tax Act, -- (a) | in sub-section (1), in the proviso, for the words and figures \"the return furnished under section 39 in such\", the words \"such form and\" shall be substituted; (b) | in sub-section (2), for the words \"six months\", the words \"two years\" shall be substituted; (c) | in sub-section (10), the words, brackets and figure \"under sub-section (3) \" shall be omitted; (d) | in the Explanation, in clause (2), after sub-clause (b), the following sub-clause shall be inserted, namely:-- \"(ba) | in case of zero-rated supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit where a refund of tax paid is available in respect of such supplies themselves, or as the case may be, the inputs or input services used in such supplies, the due date for furnishing of return under section 39 in respect of such supplies;\".","html":"<p><b>Amendment of section 54.</b></p><p><b>113. </b> In section 54 of the Central Goods and Services Tax Act, --</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in sub-section (1), in the proviso, for the words and figures \"the return furnished under section 39 in such\", the words \"such form and\" shall be substituted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (2), for the words \"six months\", the words \"two years\" shall be substituted;</td></tr><tr><td>(<i>c</i>)</td><td></td><td>in sub-section (10), the words, brackets and figure \"under sub-section (3) \" shall be omitted;</td></tr><tr><td>(<i>d</i>)</td><td></td><td>in the <i>Explanation</i>, in clause (2), after sub-clause (<i>b</i>), the following sub-clause shall be inserted, namely:--</td></tr><tr><td>\"(<i>ba</i>)</td><td></td><td>in case of zero-rated supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit where a refund of tax paid is available in respect of such supplies themselves, or as the case may be, the inputs or input services used in such supplies, the due date for furnishing of return under section 39 in respect of such supplies;\".</td></tr></table></div>","words":167,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2022/section/113/","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."}