Uttar Pradesh Goods and Services Tax (Sixth Removal of Difficulties) Order, 2019

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....leased to order the publication of the following English translation of Government Order no. KA.NI-2-806/XI-9(42)/17-2019, dated 28 May, 2019: ORDER No. KA.NI-2-806/XI-9(42)/17-2019 Lucknow : Dated : 28 May, 2019 WHEREAS sub-section (1) of section 10 of the Uttar Pradesh Goods and Services Tax Act, 2017 (U.P. Act no. 1 of 2017) (hereafter in this Order referred to as the said Act) prov....

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....es; AND WHEREAS rendering of services as part of the savings and investment practice of business, by way of extending deposits, loans or advances, in so far as the consideration is represented by way of interest or discount, is resulting in their ineligibility for the aforesaid scheme, causing hardships to a lot of small businesses and because of that, certain difficulties have arisen in giving....