CORRIGENDUM TO NOTIFICATION NO 20

## Report on Amendment to Central Tax Notification **1. Executive Summary:** This report analyzes a corrigendum to a notification from the Ministry of Finance, Department of Revenue, concerning Central Tax. The corrigendum, published on September 29, 2022, addresses a typographical error in a prior notification (G.S.R. 735 E) dated September 28, 2022. The key finding is that the corrigendum rectifies the figure "2018" to "2018" with effect from October 1, 2022. **2. Introduction:** The purpose of this report is to provide a detailed overview of a corrigendum to a Central Tax notification, based solely on the official text provided. This report aims to inform stakeholders of the specific change made and its potential implications. **3. Policy Overview:** * This document is an *amendment* to the original notification No. 20/2022-Central Tax, dated the 28th September, 2022, published under G.S.R. 735 E. * **Core Objective(s):** Based on the text, the primary objective of the corrigendum is to rectify an error in the previously published notification to ensure accuracy and prevent misinterpretations of the tax regulations. The specific underlying objectives of the initial notification cannot be determined from the text. **4. Background and Rationale:** The rationale for this specific amendment is to correct a typographical error ("2018" instead of "2018"). This correction is necessary to ensure the accuracy and legal validity of the original notification. While seemingly minor, typographical errors in legal documents can lead to ambiguity and potential disputes, making their correction crucial. **5. Key Provisions / Changes:** This section focuses on the changes introduced by the amendment text. * **Specific part of the original policy being changed:** The amendment specifically targets "page 5, in line 33" of the original notification (G.S.R. 735 E). * **What the *new* rule/provision *is*, based *only* on the amendment text:** The new rule is simply the correction of the typographical error "2018" to "2018". This correction is made effective from October 1, 2022. * **Explain the *difference* or the *effect* of this specific change:** The intent of the amendment appears to be maintaining the term as it should be. The correction is crucial for preventing misinterpretations or legal challenges based on a technical error. **6. Target Audience and Stakeholders:** The target audience and stakeholders are businesses, tax professionals, and individuals subject to Central Tax regulations. The amendment is relevant to those who rely on the accurate interpretation of the original notification. The amendment is deemed to be effective from 1st October, 2022. **7. Implementation Aspects (Inferred):** * **Responsible agency/bodies mentioned:** The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance, Department of Revenue is the responsible agency. * **Timelines or procedures specified in the text:** The correction is to be implemented with effect from the 1st day of October, 2022. * **Specific to the changes:** Affected parties should update their records and interpretations of the original notification to reflect the corrected text from October 1, 2022, onwards. **8. Expected Outcomes / Impact of Changes:** The expected outcome of this specific amendment is to ensure the accurate application and understanding of the original Central Tax notification. By correcting the typographical error, the amendment prevents potential confusion or disputes arising from the incorrect figure. **9. Conclusion:** This report details a minor but important corrigendum to a Central Tax notification, correcting a typographical error. The change, effective from October 1, 2022, ensures the accuracy and validity of the original notification. While the amendment itself is narrow in scope, it highlights the importance of precision in legal and regulatory documentation, and the need for stakeholders to remain informed of even seemingly minor corrections.

Key Entities Referenced