Repeal and saving [Section 174]

Repeal and saving provisions preserve existing tax liabilities and permit continuation of investigations and adjudications despite statutory repeal.

Section 174 provides that specified central excise and related enactments are repealed on commencement of the CGST Act but that repeal shall not revive prior laws or affect the previous operation of repealed enactments. Rights, privileges, obligations, liabilities, taxes, penalties, interest, forfeitures and punishments under the prior law remain enforceable. Investigations, assessments, adjudications and appeals pending before or after the appointed day may be continued and concluded as if the repeal had not occurred. Section 174(3) directs that these provisions be read with Section 6 of the General Clauses Act, 1897.