Vide Finance (No. 2) Act, 2019 Government has inserted Section 17A after After section 17 of the Integrated Goods and Services Tax Act, 2017 (IGST Act, 2017), which will come into effect from 1st day of January, 2020 as notified by Notification No. 01/2020–Integrated Tax dated : 01st January, 2020. Text of new section 17A is as follows:-

Section 17A of Integrated Goods and Services Tax Act, 2017

Transfer of certain amounts

“17A. Where any amount has been transferred from the electronic cash ledger under this Act to the electronic cash ledger under the State Goods and Services Tax Act or the Union Territory Goods and Services Tax Act, the Government shall transfer to the State tax account or the Union territory tax account, an amount equal to the amount transferred from the electronic cash ledger, in such manner and within such time, as may be prescribed.”

Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs

Notification No. 01/2020–Integrated Tax

New Delhi, the 01st January, 2020

G.S.R. 3(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the Finance (No. 2) Act, 2019 (23 of 2019), the Central Government hereby appoints the 1st day of January, 2020, as the date on which the provisions of section 114 of the Finance (No. 2) Act, 2019 (23 of 2019) shall come into force.


(Pramod Kumar)
Director, Government of India.

Notifications issued by CBIC on 01st January 2020 related to GST

Title Notification No. Date
CBIC amends transition plan for UTs of J&K and Ladakh Notification No. 03/2020–Central Tax 01/01/2020
CBIC prescribes schema for e-invoices under GST Notification No. 02/2020 – Central Tax 01/01/2020
CBIC notifies Sections of CGST Act 2017 Applicable from 01.01.2020 Notification No. 01/2020 – Central Tax 01/01/2020
Section 17A of IGST Act 2017 Applicable from 01st January, 2020 Notification No. 01/2020–Integrated Tax 01/01/2020
CBIC rescinds Circular No. 03/01/2018-IGST dated 25th May 2018 Circular No. 04/01/2019-IGST 01/02/2019

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January 2021