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Section123
The Finance Act, 2020

Amendment of Section 31

In force As on 05 Oct 2026

Ministry Finance

Section 123 of the Finance Act, 2020 deals with amendment of Section 31. Amendment of section 31 123. In section 31 of the Central Goods and Services Tax Act, in sub-section (2), for the proviso, the following proviso shall be substituted, namely:- "Provided that the Government may, on the recommendations of the Council, by notification,- (a) | specify the categories of

Amendment of section 31

123. In section 31 of the Central Goods and Services Tax Act, in sub-section (2), for the proviso, the following proviso shall be substituted, namely:-

"Provided that the Government may, on the recommendations of the Council, by notification,-

(a)specify the categories of services or supplies in respect of which a tax invoice shall be issued, within such time and in such manner as may be prescribed;
(b)subject to the condition mentioned therein, specify the categories of services in respect of which-
(i)any other document issued in relation to the supply shall be deemed to be a tax invoice; or
(ii)tax invoice may not be issued.".
Section 123, The Finance Act, 2020.

Cross-references

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

This section refers to

  1. Central Goods and Services Tax Act s. 31 Tax invoice
  2. s. 31 Substitution of new section for section 72AA

Questions about Section 123

What does Section 123 of the Finance Act deal with?

Section 123 of the Finance Act is headed "Amendment of Section 31". Amendment of section 31 123. In section 31 of the Central Goods and Services Tax Act, in sub-section (2), for the proviso, the following proviso shall be substituted, namely:- "Provided that the Government may, on the recommendations of the Council, by notification,- (a) | specify the categories of

How do I find court cases under Section 123 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 123, section 123 Finance Act 2020, section 123 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 123 of the Finance Act, and has it changed?

Its own text turns on Central Goods and Services Tax Act 31 (Tax invoice), section 31 (Substitution of new section for section 72AA), 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.