OMISSION AND REPEAL OF EARLIER LAWS [SECTIONS 173 AND 174 OF THE CGST ACT, 2017]

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....down the provisions for Service Tax. Since Service Tax has been subsumed in GST, such provisions are no more required and hence have been omitted and are not in force. 30.2. Repeal and saving [Section 174 of the CGST Act, 2017] - The following legislations stand repealed from 01.07.2017, i.e. the date of commencement of the CGST Act, 2017: * The Central Excise Act, 1944 (except in respect of go....

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.... right, privilege, obligation, or liability acquired, accrued or incurred under the previous law - No effect on rights or liabilities under previous law. Any tax exemption granted as an incentive against investment through a notification shall not continue as privilege if the said notification is rescinded on or after the appointed day. * affect any duty, tax surcharge, fine, penalty, interest a....