Blog Post
Oct 01, 2024
List of the Sections / provisions of CGST / IGST / UTGST / Compensation Cess Acts, 2017 amended through Finance (No. 2) Act, 2024 (15 of 2024)
The CBIC issued a Notification No. 17/2024–Central Tax dated 27.09.2024 whereby notified the effective dates for 44 changes in the CGST / IGST / UTGST / Compensation Cess Acts, 2017 through the Finance (No. 2) Act, 2024 (15 of 2024) as under :-
The Sections 118, 142, 148, and 150 shall be applicable with effect from 27.09.2024, while Sections 114 to 117, and 119 to 141, 143 to 147, 149 and 151 to 157 shall come into force on 01.11.2024.
These changes covers various aspects of provisions of GST law, such as the levy and collection of tax, composition levy, eligibility for input tax credit, and provisions for revocation of cancellation of registration. Some sections will introduce new compliance measures, including amendments related to tax invoices, the payment of tax, and procedures for appeals to appellate authorities :-
| S.No. | Sections of Finance(No.2) Act, 2024 | Section/provision of CGST / IGST / UTGST / C.Cess Act, 2017 | Effective Date |
| 1 | Section 114 | Section 9 of CGST | 01.11.2024 |
| 2 | Section 115 | Section 10 | 01.11.2024 |
| 3 | Section 116 | Section 11A | 01.11.2024 |
| 4 | Section 117 | Section 13 | 01.11.2024 |
| 5 | Section 118 | Section 16 | 27.09.2024 |
| 6 | Section 119 | Section 17 | 01.11.2024 |
| 7 | Section 120 | Section 21 | 01.11.2024 |
| 8 | Section 121 | Section 30 | 01.11.2024 |
| 9 | Section 122 | Section 31 | 01.11.2024 |
| 10 | Section 123 | Section 35 | 01.11.2024 |
| 11 | Section 124 | Section 39 | 01.11.2024 |
| 12 | Section 125 | Section 49 | 01.11.2024 |
| 13 | Section 126 | Section 50 | 01.11.2024 |
| 14 | Section 127 | Section 51 | 01.11.2024 |
| 15 | Section 128 | Section 54 | 01.11.2024 |
| 16 | Section 129 | Section 61 | 01.11.2024 |
| 17 | Section 130 | Section 62 | 01.11.2024 |
| 18 | Section 131 | Section 63 | 01.11.2024 |
| 19 | Section 132 | Section 64 | 01.11.2024 |
| 20 | Section 133 | Section 65 | 01.11.2024 |
| 21 | Section 134 | Section 66 | 01.11.2024 |
| 22 | Section 135 | Section 70 | 01.11.2024 |
| 23 | Section 136 | Section 73 | 01.11.2024 |
| 24 | Section 137 | Section 74 | 01.11.2024 |
| 25 | Section 138 | Section 74A | 01.11.2024 |
| 26 | Section 139 | Section 75 | 01.11.2024 |
| 27 | Section 140 | Section 104 | 01.11.2024 |
| 28 | Section 141 | Section 107 | 01.11.2024 |
| 29 | Section 142 | Section 109 | 27.09.2024 |
| 30 | Section 143 | Section 112 | 01.11.2024 |
| 31 | Section 144 | Section 122 | 01.11.2024 |
| 32 | Section 145 | Section 127 | 01.11.2024 |
| 33 | Section 146 | Section 128A | 01.11.2024 |
| 34 | Section 147 | Section 140 | 01.11.2024 |
| 35 | Section 148 | Section 171 | 27.09.2024 |
| 36 | Section 149 | Schedule III | 01.11.2024 |
| 37 | Section 150 | No refund of tax paid or ITC reversed | 27.09.2024 |
| 38 | Section 151 | Section 5 of IGST | 01.11.2024 |
| 39 | Section 152 | Section 6 | 01.11.2024 |
| 40 | Section 153 | Section 16 | 01.11.2024 |
| 41 | Section 154 | Section 20 | 01.11.2024 |
| 42 | Section 155 | Section 7 of UTGST | 01.11.2024 |
| 43 | Section 156 | Section 8A | 01.11.2024 |
| 44 | Section 157 | Section 8A of C.Cess | 01.11.2024 |
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