CGST amendment revises section 130 wording, updates penalty reference, and omits sub-section 3. Section 130 of the Central Goods and Services Tax Act is amended by substituting the opening expression in sub-section (1) with 'Where', revising the second proviso to sub-section (2) to refer to a penalty equal to one hundred per cent of the tax payable on such goods, and omitting sub-section (3). The amendment is stated to come into force with effect from 01-01-2022.
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Provisions expressly mentioned in the judgment/order text.
Section 130 of the Central Goods and Services Tax Act is amended by substituting the opening expression in sub-section (1) with "Where", revising the second proviso to sub-section (2) to refer to a penalty equal to one hundred per cent of the tax payable on such goods, and omitting sub-section (3). The amendment is stated to come into force with effect from 01-01-2022.
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