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<h1>Section 163 of Finance Act 2023 on GST Compensation Cess to be enforced from April 1, 2023.</h1> The Central Government has announced that the provisions of section 163 of the Finance Act, 2023, will be enforced starting April 1, 2023. This notification, issued by the Ministry of Finance's Department of Revenue, pertains to the implementation of the Compensation Cess under the Goods and Services Tax (GST) framework. The notification is formally documented as Notification No. 01/2023-Compensation Cess, dated March 31, 2023.