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of <h1>Amendment to Section 22 of Central Sales Tax Act: 'Pre-deposit' Replaced, New Sub-section 1B on Tax Refunds Introduced.</h1> Clause 80 of the Finance Bill, 2010 proposes amendments to section 22 of the Central Sales Tax Act. It replaces the term 'pre-deposit' with 'deposit' throughout the section. Additionally, it introduces a new sub-section (1B), empowering the Authority to direct a State to refund tax that is not due or to transfer the refundable amount to the appropriate State owed central sales tax on the same transaction. The refund amount directed by a State cannot exceed the central sales tax payable by the appellant on the same transaction.
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