INDIRECT TAXES - Finance (No. 2) Bill, 2024

Chapter: V
INDIRECT TAXES
Customs
Clause 100	:	Amendment of section 28DA. Customs Clause 100 of the Bill seeks to amend section 28DA of the Customs Act, so as to enable the acceptance of different t....
Clause 101	:	Amendment of section 65. Clause 101 of the Bill seeks to insert a proviso in sub-section (1) of section 65 of the Customs Act, to empower the Central....
Clause 102	:	Amendment of section 143AA. Clause 102 of the Bill seeks to amend section 143AA of the Customs Act by inserting the words or any other persons, after th....
Clause 103	:	Amendment of section 157. Clause 103 of the Bill seeks to insert the words or any other persons in clause (m) of sub-section (2) of section 157 enabli....
Clause 104	:	Retrospective effect to notification issued under sub-section (1) of section 25 of Customs Act, read with sub-section (12) of section 3 of Customs Tariff Act. Clause 104 of the Bill seeks to validate the notification of the Government of India in the Ministry of Finance (Department ....
Clause 105	:	Retrospective amendment of notification issued under sub-section (1) of section 25 of Customs Act read with section 124 of Finance Act. Clause 105 of the Bill seeks to amend notification number G.S.R. 356(E), dated the 10th May, 2023, to notify the amended con....
Customs Tariff
Clause 106	:	Omission of section 6. Customs Tariff Clause 106 of the Bill seeks to omit section 6 of the Customs Tariff Act as the tariff commission has been wo....
Clause 107	:	Amendment of First Schedule. Clause 107 of the Bill seeks to amend the First Schedule to the Customs Tariff Act so as to create new tariff lines in the m....
Excise
Clause 108	:	Amendment of notification issued under section 5A of Central Excise Act retrospectively. Excise Clause 108 of the Bill seeks to amend the notification issued under sub-section (1) of section 5A of the Central Exci....
Clause 109	:	Amendment of notification issued under section 5A of Central Excise Act, retrospectively. Clause 109 of the Bill seeks to amend the notification issued under sub-section (1) of section 5A of the Central Excise Act,....
Central Goods and Service Tax
Clause 110	:	Amendment of section 9. Central Goods and Services Tax Clause 110 of the Bill seeks to amend sub-section (1) of section 9 of the Central Goods and S....
Clause 111	:	Amendment of section 10. Clause 111 of the Bill seeks to make consequential amendments in sub-section (5) of section 10 of the Central Goods and Serv....
Clause 112	:	Insertion of new section 11A. Clause 112 of the Bill seeks to insert a new section 11A in the Central Goods and Services Tax Act, so as to empower the Gov....
Clause 113	:	Amendment of section 13. Clause 113 of the Bill seeks to amend sub-section (3) of section 13 of the Central Goods and Services Tax Act, so as to spec....
Clause 114	:	Amendment of section 16. Clause 114 of the Bill seeks to insert a new sub-section (5) in section 16 of the Central Goods and Services Tax Act, so as ....
Clause 115	:	Amendment of section 17. Clause 115 of the Bill seeks to amend sub-section (5) of section 17 of the Central Goods and Services Tax Act, so as to rest....
Clause 116	:	Amendment of section 21. Clause 116 of the Bill seeks to make consequential amendment in section 21 of the Central Goods and Services Tax Act, so as ....
Clause 117	:	Amendment of section 30. Clause 117 of the Bill seeks to insert a new proviso in sub-section (2) of section 30 of the Central Goods and Services Tax ....
Clause 118	:	Amendment of section 31. Clause 118 of the Bill seeks to amend clause (f) of sub-section (3) of section 31 of the Central Goods and Services Tax Act,....
Clause 119	:	Amendment of section 35. Clause 119 of the Bill seeks to make consequential amendment in sub-section (6) of section 35 of the Central Goods and Servi....
Clause 120	:	Amendment of section 39. Clause 120 of the Bill seeks to substitute sub-section (3) of section 39 of the Central Goods and Services Tax Act, so as to....
Clause 121	:	Amendment of section 49. Clause 121 of the Bill seeks to make consequential amendments in sub-section (8) of section 49 of the Central Goods and Serv....
Clause 122	:	Amendment of section 50. Clause 122 of the Bill seeks to make consequential amendments in sub-section (1) of section 50 in the Central Goods and Serv....
Clause 123	:	Amendment of section 51. Clause 123 of the Bill seeks to make consequential amendments in sub-section (7) of section 51 of the Central Goods and Serv....
Clause 124	:	Amendment of section 54. Clause 124 of the Bill seeks to insert a new sub-section (15) in section 54 of the Central Goods and Services Tax Act, so as....
Clause 125	:	Amendment of section 61. Clause 125 of the Bill seeks to make consequential amendments in sub-section (3) of section 61 of the Central Goods and Serv....
Clause 126	:	Amendment of section 62. Clause 126 of the Bill seeks to make consequential amendments in sub-section (1) of section 62 of the Central Goods and Serv....
Clause 127	:	Amendment of section 63. Clause 127 of the Bill seeks to make consequential amendments in section 63 of the Central Goods and Services Tax Act, so as....
Clause 128	:	Amendment of section 64. Clause 128 of the Bill seeks to make consequential amendments in sub-section (2) of section 64 of the Central Goods and Serv....
Clause 129	:	Amendment of section 65. Clause 129 of the Bill seeks to make consequential amendments in sub-section (7) of section 65 of the Central Goods and Serv....
Clause 130	:	Amendment of section 66. Clause 130 of the Bill seeks to make consequential amendments in sub-section (6) of section 66 of the Central Goods and Serv....
Clause 131	:	Amendment of section 70. Clause 131 of the Bill seeks to insert a new sub-section (1A) in section 70 of the Central Goods and Services Tax Act, so as....
Clause 132	:	Amendment of section 73. Clause 132 of the Bill seeks to insert a new sub-section (12) in section 73 of the Central Goods and Services Tax Act, so as....
Clause 133	:	Amendment of section 74. Clause 133 of the Bill seeks to insert a new sub-section (12) in section 74 of the Central Goods and Services Tax Act, so as....
Clause 134	:	Insertion of new section 74A. Clause 134 of the Bill seeks to insert a new section 74A in the Central Goods and Services Tax Act, so as to provide for det....
Clause 135	:	Amendment of section 75. Clause 135 of the Bill seeks to insert a new sub-section (2A) in section 75 of the Central Goods and Services Tax Act, so as....
Clause 136	:	Amendment of section 104. Clause 136 of the Bill seeks to make consequential amendments in sub-section (1) of section 104 of the Central Goods and Ser....
Clause 137	:	Amendment of section 107. Clause 137 of the Bill seeks to amend sub-section (6) of section 107 of the Central Goods and Services Tax Act, so as to red....
Clause 138	:	Amendment of section 109. Clause 138 of the Bill seeks to amend section 109 of the Central Goods and Services Tax Act, so as to empower the Appellate ....
Clause 139	:	Amendment of section 112. Clause 139 of the Bill seeks to amend sub-sections (1) and (3) of section 112 of the Central Goods and Services Tax Act, so ....
Clause 140	:	Amendment of section 122. Clause 140 of the Bill seeks to amend sub-section (1B) of section 122 of the Central Goods and Services Tax Act, so as to re....
Clause 141	:	Amendment of section 127. Clause 141 of the Bill seeks to make consequential amendments in section 127 of the Central Goods and Services Tax Act, so a....
Clause 142	:	Insertion of new section 128A. Clause 142 of the Bill seeks to insert a new section 128A in the Central Goods and Services Tax Act, so as to provide for co....
Clause 143	:	Amendment of section 140. Clause 143 of the Bill seeks to amend sub-section (7) of section 140 of the Central Goods and Services Tax Act, so as to ena....
Clause 144	:	Amendment of section 171. Clause 144 of the Bill seeks to amend sub-section (2) of section 171 of the Central Goods and Services Tax Act, so as to emp....
Clause 145	:	Amendment of Schedule III. Clause 145 of the Bill seeks to amend Schedule III to the Central Goods and Services Tax Act, so as to provide that the acti....
Clause 146	:	No refund of tax paid or input tax credit reversed. Clause 146 of the Bill seeks to provide that no refund shall be made of all the tax paid or the input tax credit reversed, w....
Integrated Goods and Services Tax
Clause 147	:	Amendment of section 5. Integrated Goods and Services Tax Clause 147 of the Bill seeks to amend sub-section (1) of section 5 of the Integrated Goods....
Clause 148	:	Insertion of new section 6A. Clause 148 of the Bill seeks to insert a new section 6A in the Integrated Goods and Services Tax Act, so as to empower the G....
Clause 149	:	Amendment of section 16. Clause 149 of the Bill seeks to amend sub-section (4) of section 16 of the Integrated Goods and Services Tax Act, 2017, so a....
Clause 150	:	Amendment of section 20. Clause 150 of the Bill seeks to amend section 20 of the Integrated Goods and Services Tax Act, so as to reduce the maximum a....
Union Territory Goods and Services Tax
Clause 151	:	Amendment of section 7. Union Territory Goods and Services Tax Clause 151 of the Bill seeks to amend sub-section (1) of section 7 of the Union Terri....
Clause 152	:	Insertion of new section 8A. Clause 152 of the Bill seeks to insert a new section 8A in the Union Territory Goods and Services Tax Act, so as to empower ....
Goods and Services Tax (Compensation to States)
Clause 153	:	Insertion of new section 8A. Goods and Services Tax (Compensation to States) Clause 153 of the Bill seeks to insert a new section 8A in the Goods and Ser....