AMENDMENTS IN THE IGST ACT, 2017

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..... cture of alcoholic liquor for human consumption. [ 147 ] 2. Section 6A is being inserted in the IGST Act, so as to empower the Government to regularize non levy or short levy of integrated tax where it is found that such non levy or short levy was a result of general practice. [ 148 ] 3. Sub-section (4) in Section 16 in the IGST Act is being amended, so as to provide for notification of class of p .....

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..... y from rupees fifty crores to rupees forty crores of integrated tax. Further, it proposes to reduce the maximum amount payable as pre-deposit for filing appeal before the Appellate Tribunal from rupees hundred crores to rupees forty crores of integrated tax. [ 150 ] Full Text : Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024 - FAQ - Frequently Asked Questions, TMI Short Notes , Experts c .....

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