Amendment of section 171
Section 148 of the Finance Act, 2024 (No. 2) deals with amendment of section 171. Amendment of section 171. 148. In section 171 of the Central Goods and Services Tax Act,— (a) | in sub-section (2), the following proviso and Explanation shall be inserted, namely:— 'Provided that the Government may by notification, on the recommendations of the Council, specify the date from which The Act was enacted on 16 Aug 2024.
Amendment of section 171.
148. In section 171 of the Central Goods and Services Tax Act,—
Section 148, The Finance Act, 2024 (No. 2).
(a) in sub-section (2), the following proviso and Explanation shall be inserted, namely:— 'Provided that the Government may by notification, on the recommendations of the Council, specify the date from which the said Authority shall not accept any request for examination as to whether input tax credits availed by any registered person or the reduction in the tax rate have actually resulted in a commensurate reduction in the price of the goods or services or both supplied by him. Explanation.— For the purposes of this sub-section, "request for examination" shall mean the written application filed by an applicant requesting for examination as to whether input tax credits availed by any registered person or the reduction in the tax rate have actually resulted in a commensurate reduction in the price of the goods or services or both supplied by him.'; (b) the Explanation shall be renumbered as Explanation 1 thereof, and after Explanation 1 as so renumbered, the Explanation shall be inserted, namely:— 'Explanation 2.— For the purposes of this section, the expression "Authority" shall include the "Appellate Tribunal".'.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 148
What does Section 148 of the Finance Act, 2024 (No. 2) deal with?
Section 148 of the Finance Act, 2024 (No. 2) is headed "Amendment of section 171". Amendment of section 171. 148. In section 171 of the Central Goods and Services Tax Act,— (a) | in sub-section (2), the following proviso and Explanation shall be inserted, namely:— 'Provided that the Government may by notification, on the recommendations of the Council, specify the date from which
How do I find court cases under Section 148 of the Finance Act, 2024 (No. 2)?
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, 2024 (No. 2) 148, section 148 Finance Act, 2024 (No. 2), section 148 of the Finance Act, 2024 (No. 2). 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 148 of the Finance Act, 2024 (No. 2), and has it changed?
Its own text turns on Central Goods and Services Tax Act 171 (Anti-profiteering measure), so none of them can safely be read on its own. 5 other provisions in this corpus refer back to it.
When was Section 148 of the Finance Act, 2024 (No. 2) enacted?
Section 148 of the Finance Act, 2024 (No. 2), cited as Finance Act, 2024 (No. 2) 148, was enacted on 16 Aug 2024. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. -10716 words
- 2. Income-tax9063 words
- 49. Substitution of new Chapter for Chapter XIV-B4593 words
- Fourth Schedule. -1864 words
- 138. Insertion of section 74A1329 words
- 89. Definitions889 words
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