TaxTMI 
TaxTMI 
Goa Goods and Services Tax (Amendment) Act, 2020
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....ointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. 2. Amendment of section 2.- In section 2 of the Goa Goods and Services Tax Act, 2017 (hereinafter referred as the "principal Act") in clause (4), after the words "the Appellate Authority for Advance Ruling,", the words "the National Appellate Authority for Advance Ruling," shall be inserted. 3. Amendment of section 10.- In section 10 of the principal Act,-- (a) in sub-section (1), after the second proviso, the following Explanation shall be inserted, namely:- "Explanation.- For the purposes of second proviso, the value of exempt supply of services provided by way of extending deposits, loans or advances in so far as the consideration is represented by way of interest or discount shall not be taken into account for determining the value of turnover in a State."; (b) in sub-section (2),- (i) in clause (d), the word "and" occurring at the end shall be omitted; (ii) in clause (e), for the word "Council", the words "Council; and" shall be substituted; (iii) after clause (e), the followi....
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....ax under this section, the expression "aggregate turnover" shall include the value of supplies made by such person from the 1st day of April of a financial year upto the date when he becomes liable for registration under this Act, but shall not include the value of exempt supply of services provided by way of extending deposits, loans or advances in so far as the consideration is represented by way of interest or discount. Explanation 2.- For the purposes of determining the tax payable by a person under this section, the expression "turnover in State" shall not include the value of following supplies, namely:- (i) supplies from the first day of April of a financial year upto the date when such person becomes liable for registration under this Act; and (ii) exempt supply of services provided by way of extending deposits, loans or advances in so far as the consideration is represented by way of interest or discount.'. 4. Amendment of section 22.- In section 22 of the principal Act, in sub-section (1), after the second proviso, the following shall be inserted, namely:- "Provided also that the Government may, on the recommendations of the Council, by notification, enhance the aggr....
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....atory and such other class of persons, in such manner, as the Government may, on the recommendation of the Council, specify in the said notification: Provided that where such person or class of persons have not been assigned the Aadhaar Number, such person or class of persons shall be offered alternate and viable means of identification in such manner as the Government may, on the recommendations of the Council, specify in the said notification. (6D) The provisions of sub-section (6A) or sub-section (6B) or sub-section (6C) shall not apply to such person or class of persons or part of the State, as the Government may, on the recommendations of the Council, specify by notification. Explanation.- For the purposes of this section, the expression "Aadhaar number" shall have the same meaning as assigned to it in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016.". 6. Insertion of new section 31A.- After section 31 of the principal Act, the following section shall be inserted, namely:-- "31A. Facility of digital payment to recipient.- The Government may, on the recommendations of the Council, prescribe a clas....
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....shall pay to the Government the tax due taking into account turnover in the State, inward supplies of goods or services or both, tax payable, and such other particulars during a quarter, in such form and manner, and within such time, as may be prescribed.". 8. Amendment of section 44.- In section 44 of the principal Act, in sub-section (1), the following provisos shall be inserted, namely:- "Provided that the commissioner may, on the recommendations of the Council and for reasons to be recorded in writing, by notification, extend the time limit for furnishing the annual return for such class of registered persons as may be specified therein: Provided further that any extension of time limit notified by the Commissioner of Central tax shall be deemed to be notified by the Commissioner.". 9. Amendment of section 49.- In section 49 of the principal Act, after sub-section (9), the following sub-sections shall be inserted, namely:- "(10) A registered person may, on the common portal, transfer any amount of tax, interest, penalty, fee or any other amount available in the electronic cash ledger under this Act, to the electronic cash ledger for integrated tax, central tax, State tax, ....
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....s) Act, the Government shall, transfer to the central tax account or integrated tax account or cess account, an amount equal to the amount transferred from the electronic cash ledger, in such manner and within such time as may be prescribed.". 13. Amendment of section 54.- In section 54 of the principal Act, after sub-section (8), the following sub-section shall be inserted, namely:- "(8A) Where the Central Government has disbursed the refund of State tax, the Government shall transfer an amount equal to the amount so refunded, to the Central Government.". 14. Amendment of section 95.- In section 95 of the principal Act,-- (i) in clause (a),- (a) after the words "Appellate Authority", the words "or the National Appellate Authority" shall be inserted; (b) after the words and figures "of section 100", the words, figures and letter "or of section 101C of the Central Goods and Services Tax Act" shall be inserted; (ii) after clause (e), the following clause shall be inserted, namely:- "(f) "National Appellate Authority" means the National Appellate Authority for Advance Ruling referred to in section 101A.". 15. Insertion of new sections 101A.- After section 101 of the principa....