(b)with effect from the 1st day of April, 2018,-(A)in sub-section (3), for the words "exceeds twenty thousand rupees", the words "or use of electronic clearing system through a bank account, exceeds ten thousand rupees," shall be substituted;(B)in sub-section (3A),-(i)after the words "account payee bank draft,", the words "or use of electronic clearing system through a bank account" shall be inserted;(ii)for the words "twenty thousand rupees", the words "ten thousand rupees" shall be substituted;(iii)in the first proviso, for the words "exceeds twenty thousand rupees", the words "or use of electronic clearing system through a bank account, exceeds ten thousand rupees," shall be substituted;(iv)in the second proviso, for the words "twenty thousand rupees", the words "ten thousand rupees" shall be substituted;(C)in sub-section (4),-(i)after the words "account payee bank draft", the words "or use of electronic clearing system through a bank account" shall be inserted;(ii)after the words "such cheque or draft", the words "or electronic clearing system" shall be inserted.
