Finance Act, 2011, [Enacted as on 8-4-2011] amends various provisions of the Direct and Indirect Tax Laws.

The amended statutory provision:

(1) Income Tax Act 1961 -  [Section Wise] - [Chapter wise]

(2) Customs Act, 1962 – [Section wise] – [Chapter wise]

(2A) Customs Tariff Act, 1975

(3) Central Excise Act, 1944 – [Section wise] – [Chapter wise]

(4) Central Sales Tax

(5) Service Tax (Chapter V of the Finance Act, 1994)

 

Also see amended and updated Rules

(1)    Cenvat Credit Rules, 2004

(2)    Various Rules under Service Tax

(3)    Various Rules and Regulations under Central Excise

 

 

Tax amendments modify provisions across direct and indirect tax statutes affecting income tax, customs, excise, sales and service tax. Amendments enacted by the Finance Act, 2011 revise substantive provisions of the Income Tax Act and indirect tax statutes-including Customs, Customs Tariff, Central Excise, Central Sales Tax, and Service Tax-and update implementing rules, notably the Cenvat Credit Rules, 2004, and various Service Tax and Central Excise rules, thereby altering statutory obligations and procedural compliance mechanisms.