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<h1>Finance Bill 2024 amends CGST Act to set invoice timelines in reverse charge and clarifies supplier registration under Section 31.</h1> Clause 118 of the Finance (No. 2) Bill, 2024 proposes amendments to section 31 of the Central Goods and Services Tax Act. It intends to modify clause (f) of sub-section (3) by allowing the Central Government to set a prescribed time period for invoice issuance in reverse charge mechanism supplies. Additionally, it introduces an Explanation stating that a supplier registered only for tax deduction under section 51 will not be considered a registered person for the purposes of clause (f) of sub-section (3).