Section121
The Finance Act, 2020

Amendment of Section 29

In force As on 07 Oct 2026

Ministry Finance

Section 121 of the Finance Act, 2020 deals with amendment of Section 29. Amendment of section 29 121. In section 29 of the Central Goods and Services Tax Act, in sub-section (1), for clause (c), the following clause shall be substituted, namely:- "(c) the taxable person is no longer liable to be registered under section 22 or section 24 or intends to optout of the regist

Amendment of section 29

121. In section 29 of the Central Goods and Services Tax Act, in sub-section (1), for clause (c), the following clause shall be substituted, namely:-

"(c) the taxable person is no longer liable to be registered under section 22 or section 24 or intends to optout of the registration voluntarily made under sub-section (3) of section 25:".

Section 121, The Finance Act, 2020.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Questions about Section 121

What does Section 121 of the Finance Act deal with?

Section 121 of the Finance Act is headed "Amendment of Section 29". Amendment of section 29 121. In section 29 of the Central Goods and Services Tax Act, in sub-section (1), for clause (c), the following clause shall be substituted, namely:- "(c) the taxable person is no longer liable to be registered under section 22 or section 24 or intends to optout of the regist

How do I find court cases under Section 121 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2020 121, section 121 Finance Act 2020, section 121 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 121 of the Finance Act, and has it changed?

Its own text turns on Central Goods and Services Tax Act 29 (Cancellation or suspension of registration), section 22 (Amendment of Section 43CA), section 24 (Amendment of Section 44DA), section 25 (Amendment of Section 49), and on 1 further provision, so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2020. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.