Substitution of new section for section 23.
131. For section 23 of the Central Goods and Services Tax Act, the following section shall be substituted and shall be deemed to have been substituted with effect from the 1st day of July, 2017, namely:––
Persons not liable for registration.
“23. Notwithstanding anything to the contrary contained in sub-section (1) of section 22 or section 24,––
(a) the following persons shall not be liable to registration, namely:––
(i) any person engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax under this Act or under the Integrated Goods and Services Tax Act, 2017 (13 of 2017);.
(ii) an agriculturist, to the extent of supply of produce out of cultivation of land;
(b) the Government may, on the recommendations of the Council, by notification, subject to such conditions and restrictions as may be specified therein, specify the category of persons who may be exempted from obtaining registration under this Act.”.
Notes on Clauses:
Clause 131 of the Bill seeks to substitute, with effect from the 1st day of July, 2017, section 23 of the Central Goods and Services Tax Act relating to persons not liable for registration so as to provide overriding effect to the said section over sub-section (1) of section 22 and section 24 of the said Act.
