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<h1>Section 123 of Finance Act 2021 Enforced from October 1, 2023, per Notification No. 27/2023-Central Tax.</h1> The Central Government, through the Ministry of Finance's Department of Revenue and the Central Board of Indirect Taxes and Customs, has issued Notification No. 27/2023-Central Tax, dated July 31, 2023. This notification appoints October 1, 2023, as the effective date for the enforcement of the provisions of Section 123 of the Finance Act, 2021. This action is taken under the authority granted by clause (b) of subsection (2) of section 1 of the Finance Act, 2021.