CBIC amends Notification No. 13-2020 dated 21st March 2020
Legal Category: Taxation
Rule ACT: GST Act - Central
Update Type: Notification
Release Date: 10, Nov, 2020
Notification No: Notification No. 88/2020 – Central Tax
Description: The Central Board of Indirect Taxes and Customs (CBIC) on 10th November 2020 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/2020 – Central Tax, dated the 21st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated 21st March, 2020, namely:-
In the said notification, in the first paragraph, with effect from the 1st day of January, 2021, for the words “five hundred crore rupees”, the words “one hundred crore rupees” shall be substituted.