KERALA STATE GOODS AND SERVICES TAX (AMENDMENT) BILL, 2024

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....is expedient further to amend the Kerala State Goods and Services Tax Act, 2017 for the purposes hereinafter appearing; BE it enacted in the Seventy -fifth Year of the Republic of India as follows:- 1. Short title and commencement.- (1) This Act may be called the Kerala State Goods and Services Tax (Amendment) Act, 2024. (2) It shall be deemed to have come into force on the 1st day of October, 2023. 2. Amendment of section 2.-In the Kerala State Goods and Services Tax Act, 2017 (20 of 2017) (hereinafter referred to as the principal Act), in section 2,- (a) after clause (80), the following clauses shall be inserted, namely:- "(80A) "online gaming" means offering of a game on the internet or an electronic network and includes online mo....

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....cified actionable claims, as if he is the supplier liable to pay the tax in relation to the supply of such actionable claims;"; (d) after clause (117), the following clause shall be inserted, namely:-- "(117A) "virtual digital asset" shall have the same meaning as assigned to it in clause (47A) of section 2 of the Income-tax Act, 1961 (Central Act 43 of 1961); " . 3. Amendment of section 24.- In section 24 of the principal Act,- (a) in clause (xi), the word "and" occurring at the end shall be omitted; (b) after clause (xi), the following clause shall be inserted, namely:-- "(xia) every person supplying online money gaming from=[ a place outside India to a person in India; and". 4. Amendment of S....