Notwithstanding anything contained in this Chapter and subject to the provisions of clause (e) and clause (f) of sub-section (5) of Section 49, the Government may, on the recommendations of the Council, prescribe the order and manner of utilisation of the input tax credit on account of integrated tax, central tax, State tax or Union territory tax, as the case may be, towards payment of any such tax."

22. Amendment of Section 52 Amendment of Section 52. 22. In Section 52 of the Principal Act, in sub-section (9), for the word and figures "Section 37", the words and figures "Section 37 or Section 39" shall be substituted.

23. Amendment of Section 54 Amendment of Section 54. 23. In Section 54 of the Principal Act,-

1. (a) in sub-section (8), in clause (a), for the words "zero-rated supplies" and "zero-rated supplies", the word "export" and "exports" shall respectively be substituted;
2. (b) in the Explanation, in clause (2),-
   • (i) in sub-clause (c), in item (i), after the words "foreign exchange", the words "or in Indian rupees wherever permitted by the Reserve Bank of India" shall be inserted;
   • (ii) for sub-clause (e), the following shall be substituted, namely:- "(e) in the case of refund of unutilised input tax credit under clause
   • (ii) of the first proviso to sub-section (3), the due date for furnishing of return under Section 39 for the period in which such claim for refund arises;" 24. Amendment of Section 79 Amendment of Section 79. 24. In Section 79 of the Principal Act, after sub-section (4), the following shall be added, namely:- "Explanation.-For the purposes of this Section, the word 'person' shall include "distinct persons" as referred to in sub-section

1. (4) or, as the case may be, sub-section
2. (5) of Section 25." 25. Amendment of Section 107 In Section 107 of the Principal Act, in sub-section (6), in clause (b), after the words "arising from the said order,", the words "subject to a maximum of twenty-five crore rupees," shall be inserted. 26. Amendment of Section 112 In Section 112 of the Principal Act, in sub-section (8), in clause (b), after the words "arising from the said order," the words "subject to a maximum of fifty crore rupees," shall be inserted. 27. Amendment of Section 129 In Section 129 of the Principal Act, in sub-section (6), for the words "seven days", wherever they occur the words "fourteen days" shall be substituted. 28. Amendment of Section 143 In Section 143 of the Principal Act, in sub-section (l), in clause (b), -
   • (i) in the proviso, in entry (ii), for punctuation full stop ".", the punctuation colon ":" shall be substituted; and
   • (ii) after first proviso, the following shall be inserted, namely:- " Provided further that the period of one year and three years may, on sufficient cause being shown, be extended by the Commissioner for a further period not exceeding one year and two years respectively." 29. Amendment of Schedule I Amendment of Section 29. 14. In Section 29 of the Principal Act,-
   • (a) in the marginal heading after the word "Cancellation", the words "or suspension" shall be inserted;
   • (b) in sub-section (1), in clause (c), for the punctuation full stop ".", the punctuation colon ":" shall be substituted;
   • (c) in sub-section (1), after clause (c), the following shall be inserted, namely:- " Provided that during pendency of the proceedings relating to cancellation of registration filed by the registered person, the registration may be suspended for such period and in such manner as may be prescribed."
   • (d) in sub-section (2), in the proviso, for the punctuation full stop ".", the punctuation colon ":" shall be substituted;
   • (e) in sub-section (2), after the proviso, the following shall be inserted, namely:- " Provided further that during pendency of the proceedings relating to cancellation of registration, the proper officer may suspend the registration for such period and in such manner as may be prescribed." 30. Amendment of Schedule II Amendment of Schedule II. 29. In Schedule II of the Principal Act, in the heading, after the word "ACTIVITIES", the words "OR TRANSACTIONS" shall be inserted and shall always be deemed to have been inserted with effect from the 1st day of July, 2017. 31. Amendment of Schedule III -1 In Schedule III of the Principal Act, -
     • (i) after paragraph 6, the following shall be inserted, namely:- "7. Supply of goods from a place outside India to another place outside India without such goods entering into India. 8
   • (a) Supply of warehoused goods to any person before clearance for home consumption;
   • (b) Supply of goods by the consignee to any other person, by endorsement of documents of title to the goods, after the goods have been dispatched from the port of origin located outside India but before clearance for home consumption."
     • (ii) for the Explanation, the following shall be substituted, namely:- "Explanation 1- For the purposes of paragraph 2, the term "court" includes District Court, High Court and Supreme Court. Explanation 2.-For the purposes of paragraph 8, the expression "warehoused goods" shall have the same meaning as assigned to it in the Customs Act, 1962"