{"act":{"id":"finance-act-2024-no-2","short_title":"The Finance Act, 2024 (No. 2)","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2024-2025.","act_number":null,"act_year":2024,"enact_date":"2024-08-16","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":174,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2024-no-2/"},"unit":"section","section":{"number":"142","heading":"Amendment of section 109","text":"Amendment of section 109. 142. In section 109 of the Central Goods and Services Tax Act,— (a) | in sub-section (1), after the words \"Revisional Authority\", the words \", or for conducting an examination or adjudicating the cases referred to in sub-section (2) of section 171, if so notified under the said section\" shall be inserted; (b) | in sub-section (5), after the proviso, the following provisos shall be inserted, namely:— \"Provided further that the matters referred to in sub-section (2) of section 171 shall be examined or adjudicated only by the Principal Bench: Provided also  that the Government may, on the recommendations of the Council, notify other cases or class of cases which shall be heard only by the Principal Bench.\"; (c) | in sub-section (6), for the words \"The President\", the words, brackets and figure \"Subject to the provisions of sub-section (5), the President\" shall be substituted.","html":"<p><b>Amendment of section 109.</b></p><p><b>142.</b> In section 109 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), after the words \"Revisional Authority\", the words \", or for conducting an examination or adjudicating the cases referred to in sub-section (2) of section 171, if so notified under the said section\" shall be inserted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (5), after the proviso, the following provisos shall be inserted, namely:—</td></tr><tr><td></td><td></td><td>\"<b>Provided further</b> that the matters referred to in sub-section (2) of section 171 shall be examined or adjudicated only by the Principal Bench:</td></tr><tr><td></td><td></td><td><b>Provided also </b> that the Government may, on the recommendations of the Council, notify other cases or class of cases which shall be heard only by the Principal Bench.\";</td></tr><tr><td>(<i>c</i>)</td><td></td><td>in sub-section (6), for the words \"The President\", the words, brackets and figure \"Subject to the provisions of sub-section (5), the President\" shall be substituted.</td></tr></table></div>","words":149,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2024-no-2/section/142/","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."}