Section 2(2) of IGST Act: Meaning of “Central Tax”

Definition of the term “Central Tax” under the Integrated Goods and Services Tax (IGST) Act, 2017

As per Section 2(2) of the Integrated Goods and Services Tax (IGST) Act, 2017, unless the context otherwise requires, the term “central tax” means the tax levied and collected under the Central Goods and Services Tax Act.

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The Integrated Goods and Services Tax (IGST) Act, 2017 was notified by Govt. on 12 April, 2017 and CBIC has notified the commencement date for various Sections/ Provisions thereof from time to time. Subsequently, Govt. has notified the Integrated Goods and Services Tax (IGST) (Amendment) Act, 2018 on 30 Aug. 2018. However, commencement date of amended provisions of various Sections is to be separately notified by CBIC, except where specifically mentioned in the IGST Amendment Act, 2018 itself.

Related Posts:

Integrated Goods and Services Tax (IGST) Act, 2017 (Section-wise/ Chapter-wise)

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