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

Effective date of Schedule III amendment clarified: notified commencement governs, except where amendment itself specifies an earlier start.
Effective date dispute concerning insertion in Schedule III covering supplies between non taxable territory locations and warehoused/endorsement supplies. The notes state the Amendment Act's provisions come into force on the government appointed commencement date by notification, and that Schedule III entries are effective from that notified date unless the Amendment Act expressly specifies an alternate earlier effective date for a particular amendment.