Amendment of section 2.

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..... gures "of this Act or under sub-section (3) or sub-section (4) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017.)" shall be inserted with effect from the 1st day of April, 2025; (ii) in clause (69),-- (a) in sub-clause (c), after the words "management of a municipal", the word "fund" shall be inserted; (b) after sub-clause (c), the following Explanation shall be ins .....

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..... '(116A) "unique identification marking" means the unique identification marking referred to in clause (b) of sub-section (2) of section 148A and includes a digital stamp, digital mark or any other similar marking, which is unique, secure and non-removable;'; - Central Goods and Services Tax Clause 116 of the Bill seeks to amend section 2 of the Central Goods and Services Tax Act relating to de .....

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..... terms "local fund" and "municipal fund" used in the definition of "local authority" under the said clause so as to clarify the scope of the said terms. It is also proposed to insert a new clause (116A) in section 2 so as to define the expression "unique identification marking" to mean a mark that is unique, secure and non-removable, for implementation of track and trace mechanism.
Statute, sta .....

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