Section 122 - Amendment of notification issued under section 21 of Union Territory 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 to Notification Under Section 21 of UT GST Act 2017, Affecting Sections 50, 54, and 56 Retrospectively.

The statutory provision involves the amendment of a notification issued under section 21 of the Union Territory Goods and Services Tax Act, 2017, in conjunction with specific sections of the Central Goods and Services Tax Act, 2017. This amendment is made retrospectively, as specified in the Eighth Schedule, and grants the Central Government the authority to amend the notification with retrospective effect. The amendment affects provisions related to sections 50, 54, and 56 of the Central Goods and Services Tax Act, ensuring that the Central Government had the power to make such amendments at all relevant times.