Amendments in the Government Notification No. 38/1/2017-Fin(R&C)(5)/2550 dated the 28th June, 2017. - 38/1/2017-Fin(R&C)(24)/3598

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<h1>Goa GST Act Amended: Increased Monetary Thresholds from October 13, 2017, Raising Limits to One Crore and Seventy-Five Lakh Rupees.</h1> The Government of Goa has amended its previous notification regarding the Goa Goods and Services Tax Act, 2017. The amendments involve changes in monetary thresholds: the term 'seventy-five lakh rupees' is replaced with 'one crore,' and 'fifty lakh rupees' is replaced with 'seventy-five lakh rupees.' These changes are effective from October 13, 2017. The notification was issued by the Department of Finance, Revenue & Control Division, and authorized by the Additional Secretary (Finance) on October 24, 2017.

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