# The Finance Act, 2021, Section 118: Amendment of section 130

- Act: The Finance Act, 2021
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2021/section/118/

## Text

Amendment of section 130. 118. In section 130 of the Central Goods and Services Tax Act,–– (a) | in sub-section (1), for the words "Notwithstanding anything contained in this Act, if ", the word "Where" shall be substituted; (b) | in sub-section (2), in the second proviso, for the words, brackets and figures "amount of penalty leviable under sub-section (1) of section 129", the words "penalty equal to hundred per cent. of the tax payable on such goods" shall be substituted; (c) | sub-section (3) shall be omitted.

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