Section 119 - Amendment of notification issued under section 20 of Integrated Goods and Services Tax Act, read with sub-sections (1) and (3) of section 50, sub-section (12) of section 54 and section 56 of Central Goods and Services Tax Act, retrospectively.

Amendment of June 28, 2017 Notification Under Section 20 of IGST Act, Retrospective Changes Via Finance Act 2022

The statutory provision addresses the amendment of a notification issued under section 20 of the Integrated Goods and Services Tax Act, 2017, in conjunction with specific sections of the Central Goods and Services Tax Act, 2017. It stipulates that the notification, originally issued on June 28, 2017, is retrospectively amended as detailed in the Seventh Schedule. The Central Government is granted the authority to amend this notification with retrospective effect, ensuring the amendments are considered valid from the specified date. This amendment is enacted under the Finance Act, 2022, reflecting changes in the tax legislation framework.