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AI Drafter - (New and Powerful) ✕ Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
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The provisions of Taxation Law (Amendment) Act, 2007 shall be effective from 1-4-2007.
Text of Notification and press release is given below.
MINISTRY OF FINANCE
( Department of Revenue)
Notification No 1/2007-CST., Dated: March 29, 2007
S.O. 464(E)- In exercise of the powers conferred by sub-section (2) of section 1 of the Taxation Laws (Amendment) Act, 2007(16 of 2007), the Central Government hereby appoints the 1st day of April, 2007, as the date on which the said Act shall come into force.
F.No.34/135/2005-ST
R G CHHABRA Under Secy
Central Sales Tax reduction enacted; Taxation Laws (Amendment) Act appointed to come into force by notification. Central Sales Tax reduced to 3% by statutory amendment, with the Taxation Laws (Amendment) Act, 2007 appointed to commence and become effective from 1 April 2007 by government notification issued by the Ministry of Finance, Department of Revenue. of Press 'Enter' after typing page number.
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