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Section150
The Finance Act, 2021

Amendment of Act 74 of 1956

In force As on 07 Oct 2026

Ministry Finance

Section 150 of the Finance Act, 2021 deals with amendment of Act 74 of 1956. PART V AMENDMENT TO THE CENTRAL SALES TAX ACT, 1956 Amendment of Act 74 of 1956.

PART V

AMENDMENT TO THE CENTRAL SALES TAX ACT, 1956

Amendment of Act 74 of 1956.

150. In the Central Sales Tax Act, 1956, in section 8, in sub-section (3), for clause (b), the following clause shall be substituted, namely:––

"(b) are goods of the class or classes specified in the certificate of registration of the registered dealer purchasing the goods as being intended for re-sale by him or subject to any rules made by the Central Government in this behalf, for use by him in the manufacture or processing for sale of goods specified under clause (d) of section 2;".

Section 150, The Finance Act, 2021.

Cross-references

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

This section refers to

  1. s. 2 Income-tax
  2. s. 8 Amendment of section 32

Questions about Section 150

What does Section 150 of the Finance Act deal with?

Section 150 of the Finance Act is headed "Amendment of Act 74 of 1956". PART V AMENDMENT TO THE CENTRAL SALES TAX ACT, 1956 Amendment of Act 74 of 1956.

How do I find court cases under Section 150 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 150, section 150 Finance Act 2021, section 150 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 150 of the Finance Act, and has it changed?

Its own text turns on section 2 (Income-tax), section 8 (Amendment of section 32), 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

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.