Substitution of new section for section 44
Section 111 of the Finance Act, 2021 deals with substitution of new section for section 44. Substitution of new section for section 44.
Substitution of new section for section 44.
111. For section 44 of the Central Goods and Services Tax Act, the following section shall be substituted, namely:––
"44. Annual return.—Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person shall furnish an annual return which may include a self-certified reconciliation statement, reconciling the value of supplies declared in the return furnished for the financial year, with the audited annual financial statement for every financial year electronically, within such time and in such form and in such manner as may be prescribed:
Provided that the Commissioner may, on the recommendations of the Council, by notification, exempt any class of registered persons from filing annual return under this section:
Provided further that nothing contained in this section shall apply to any department of the Central Government or a State Government or a local authority, whose books of account are subject to audit by the Comptroller and Auditor-General of India or an auditor appointed for auditing the accounts of local authorities under any law for the time being in force.".
Section 111, The Finance Act, 2021.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 111
What does Section 111 of the Finance Act deal with?
Section 111 of the Finance Act is headed "Substitution of new section for section 44". Substitution of new section for section 44.
How do I find court cases under Section 111 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 2021 111, section 111 Finance Act 2021, section 111 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 111 of the Finance Act, and has it changed?
Its own text turns on Central Goods and Services Tax Act 44 (Annual return), section 44 (Substitution of new section for section 151), section 51 (Amendment of section 194A), section 52 (Amendment of section 194-IB), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 2021. 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
- Fourth Schedule. Fourth Schedule26628 words
- First Schedule. First Schedule9574 words
- 2. Income-tax5993 words
- 6. Amendment of section 103582 words
- 130. Substitution of new section for section 43513 words
- 131. Substitution of new section for section 52699 words
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