Effective date of Amendment to Schedule III of Section 7

[Kaustubh Karandikar]

Under Schedule III of Section -7, following is inserted.

'7. Supply of goods from a place in the non-taxable territory to another place in the non-taxable territory without such goods entering into India.

8.(a) Supply of warehoused goods to any person before clearance for home consumption;

(b) Supply of goods by the consignee to any other person, by endorsement of documents of title to the goods, after the goods have been dispatched from the port of origin located outside India but before clearance for home consumption.' It will be effective 01.07.17 or from 01.02.19? if from 01.07.17, where it is specifically mentioned?

AI Summary

Debate on GST Amendment Effective Date: Is It July 1, 2017, or February 1, 2019, for Section 7? The discussion addresses the effective date of an amendment to Schedule III of Section 7 under the Goods and Services Tax (GST) law. The amendment, which involves the supply of goods in non-taxable territories and warehoused goods, is debated to be effective from either July 1, 2017, or February 1, 2019. One participant argues for February 1, 2019, citing the CGST Amendment Act 2018 and Notification No. 02/2019. Another participant confirms that the amendment is effective from February 1, 2019, unless a specific date is mentioned, such as July 1, 2017, for Section 7 of the original act.