{"act":{"id":"finance-act-2025","short_title":"The Finance Act, 2025","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2025-2026.","act_number":"7","act_year":2025,"enact_date":"2025-08-16","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":153,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2025/"},"unit":"section","section":{"number":"133","heading":"Amendment of Schedule III","text":"Amendment of Schedule III. 133.  In Schedule III of the Central Goods and Services Tax Act,— (i) | in paragraph 8, after clause (a), the following clause shall be inserted and shall be deemed to have been inserted with effect from the 1st day of July, 2017, namely:— \"(aa) Supply of goods warehoused in a Special Economic Zone or in a Free Trade Warehousing Zone to any person before clearance for exports or to the Domestic Tariff Area;\"; (ii) | in Explanation 2, after the words \"For the purposes of\", the words, brackets and letter \"clause (a) of\" shall be inserted and shall be deemed to have been inserted with effect from the 1st day of July, 2017; (iii) | after Explanation 2, the following Explanation shall be inserted and shall be deemed to have been inserted with effect from the 1st day of July, 2017, namely:— \"Explanation 3.—For the purposes of clause (aa) of paragraph 8, the expressions \"Special Economic Zone\", \"Free Trade Warehousing Zone\" and \"Domestic Tariff Area\" shall have the same meanings respectively as assigned to them in section 2 of the Special Economic Zones Act, 2005 (28 of 2005).\".","html":"<p><b>Amendment of Schedule III.</b></p><p><b>133. </b> In Schedule III of the Central Goods and Services Tax Act,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>in paragraph 8, after clause (<i>a</i>), the following clause shall be inserted and shall be deemed to have been inserted with effect from the 1st day of July, 2017, namely:—</td></tr><tr><td></td><td></td><td>\"(<i>aa</i>) Supply of goods warehoused in a Special Economic Zone or in a Free Trade Warehousing Zone to any person before clearance for exports or to the Domestic Tariff Area;\";</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in <i>Explanation 2</i>, after the words \"For the purposes of\", the words, brackets and letter \"clause (<i>a</i>) of\" shall be inserted and shall be deemed to have been inserted with effect from the 1st day of July, 2017;</td></tr><tr><td>(<i>iii</i>)</td><td></td><td>after <i>Explanation 2</i>, the following <i>Explanation </i>shall be inserted and shall be deemed to have been inserted with effect from the 1st day of July, 2017, namely:—</td></tr><tr><td></td><td></td><td>\"<i>Explanation 3</i>.—For the purposes of clause (<i>aa</i>) of paragraph 8, the expressions \"Special Economic Zone\", \"Free Trade Warehousing Zone\" and \"Domestic Tariff Area\" shall have the same meanings respectively as assigned to them in section 2 of the Special Economic Zones Act, 2005 (28 of 2005).\".</td></tr></table></div>","words":193,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2025/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."}