TaxTMI 
TaxTMI 
Section 16(4) of CGST Act, 2017 is amended through clause 120 of Finance Act, 2020 which is effective 27.03.2020. Can we consider 27.03.2020 as the effective date for amendment to Section 16(4) or there will be seperate notification to be issued for effective date of the same?
Effective Date Of Amended Section 16(4) Of CGST Act
Kaustubh Karandikar
Clarification on Effective Date for Section 16(4) Amendment in CGST Act, 2017; Awaiting Official Notification. A discussion on the effective date of the amendment to Section 16(4) of the CGST Act, 2017, introduced through clause 120 of the Finance Act, 2020, questioned whether the amendment's effective date is March 27, 2020, or if a separate notification is required. The response clarified that a separate notification would be issued to determine the effective date, as outlined in the Finance Act, 2020, which specifies that certain sections will come into force on dates appointed by the Central Government via notification in the Official Gazette. (AI Summary)