Govt. of India has notified the ‘Finance Act, 2018’, an Act to give effect to the financial proposals of the Central Government for the financial year 2018-2019 (i.e. Applicable for FY 2018-19/ AY 2019-20), after receiving the assent from the Hon’ble President on 29/03/2018:
Finance Act, 2018 : GOI Notification dt. 29/03/2018
MINISTRY OF LAW AND JUSTICE
New Delhi, 29/03/2018 Chaitra 8, 1940 (Saka)
The following Act of Parliament received the assent of the President on the 29th March, 2018, and is hereby published for general information:—
THE FINANCE ACT, 2018
No. 13 of 2018 Dated 28/03/2018
An Act to give effect to the financial proposals of the Central Government for
the financial year 2018-2019.
BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:—
1. Short title and commencement:
(1) This Act may be called the Finance Act, 2018.
(2) Save as otherwise provided in this Act, sections 2 to 55 shall come into force on 01/04/2018. (contd… please refer attachment for complete text)
GST Related Amendments in Finance Act 2018:
PART XX: AMENDMENT TO THE CENTRAL GOODS AND SERVICES TAX ACT, 2017
221. Amendment of section 2: In the Central Goods and Services Tax Act, 2017, in section 2, in clause (16), for the words “Central Board of Excise and Customs”, the words “Central Board of Indirect Taxes and Customs” shall be substituted.