Seeks to amend MGST Act so as to provide for application of Composition rules to persons opting to pay tax under notification No.ERTS(T) 4/2019/40 Dated Shillong,the 7th March, 2019.

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....ification No. 9/2018-State Tax (Rate) Dated Shillong, the 29th March, 2019. No. ERTS(T) 4/2019/201 - In exercise of the powers conferred by sub-section (1) of section 9, sub-section (1) of section 11, sub-section (1) of section 16 of the Meghalaya Goods and Services Tax Act, 2017 (Act 10 of 2017) , (herein after referred to as the "said Act"), the Government of Meghalaya, on the recommendations....

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....attracts the provisions of section 18(4) of the said Act and the rules made there-under and after payment of such amount, the balance of input tax credit, if any, lying in his electronic credit ledger shall lapse."; (ii) in paragraph 3, in the Explanation, after clause (ii), the following clause shall be inserted, namely: - "(iii) the Meghalaya Goods and Services Tax Rules, 2017, as applicabl....