TaxTMI 
TaxTMI 
TaxTMI 
Assam Goods and Services Tax (Amendment) Act, 2023.
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..... Amendment of section 2.-- In the principal Act, in section 2, (i) after clause (80), the following new clauses shall be inserted, namely :-- "(80A) 'online gaming' means offering of a game on the internet or an electronic network and includes online money gaming ; (80B) 'online money gaming' means online gaming in which players pay or deposit money or money's worth, including virtual digital assets, in the expectation of winning money or money's worth, including virtual digital assets, in any event including game, scheme, competition or any other activity or process, whether or not its outcome or performance is based on skill, chance or both and whether the same is permissible or otherwise under any other law for the time being in force ;" ; (ii) after clause (102), the following new clause shall be inserted, namely :-- "(102A) 'specified actionable claim' means the actionable claim involved in or by way of-- (i) betting ; (ii) casinos ; (iii) gambling ; (iv) horse racing ; (v) lottery ; or (vi) online money gaming ;' ; (iii) in clause (105), for the punctuation mark ";" the punctuation mark ":" shall be substituted and thereafter the following new proviso sh....
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.... of clause (a) of paragraph 8 of the said Schedule." ; (ii) in sub-section (5), after clause (f), the following clause shall be inserted, namely :-- "(fa) goods or services or both received by a taxable person, which are used or intended to be used for activities relating to his obligations under corporate social responsibility referred to in section 135 of the Companies Act, 2013 (Central Act 18 of 2013) ;". 6. Amendment of section 23.--In the principal Act, in section 23, for sub-section (2), the following shall be substituted, namely :-- (i) "(2) Notwithstanding anything to the contrary contained in sub-section (1) of section 22 or section 24, of the Act the Government may, on the recommendations of the Council, by notification, subject to such conditions and restrictions as may be specified therein, specify the category of persons who may be exempted from obtaining registration under this Act.". (ii) It shall be deemed to have come into force on first day of July, 2017." 7. Amendment of section 24.--In the principal Act, in section 24,-- (a) in clause (xi), the word "and" occurring at the end, shall be omitted ; (b) after clause (xi), the following new clause shal....
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.... sub-section (1) for a financial year after the expiry of a period of three years from the due date of furnishing the said annual return : Provided that, the Government may, on the recommendations of the Council, by notification, and subject to such conditions and restrictions as may be specified therein, allow a registered person or a class of registered persons to furnish an annual return for a financial year under sub-section (1), even after the expiry of the said period of three years from the due date of furnishing the said annual return.". 12. Amendment of section 52.--In the principal Act, in section 52, after sub-section (14), the following new sub-section shall be inserted, namely :-- "(15) The operator shall not be allowed to furnish a statement under sub-section (4) after the expiry of a period of three years from the due date of furnishing the said statement : Provided that, the Government may, on the recommendations of the Council, by notification, subject to such conditions and restrictions as may be specified therein, allow an operator or a class of operators to furnish a statement under sub-section (4), even after the expiry of the said period of three years ....
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....is Act.". 17. Omission of sections 110 and 114.--In the principal Act, section 110 and section 114 shall be omitted. 18. Amendment of section 117.--In the principal Act, in section 117,-- (i) in sub-section (1), and sub-section (5), for the words "State Bench or Area Benches", the words "State Benches" shall be substituted ; (ii) in sub-section (5), in clauses (a) and (b), for the words "State Bench or Area Benches", the words "State Benches" shall be substituted. 19. Amendment of section 118.--In the principal Act, in section 118, in sub-section (1), in clause (a), in first line, for the words "National Bench or Regional Benches", appearing in between the words, the words "by the" and "of the", the words "Principal Bench" shall be substituted. 20. Amendment of section 119.--In the principal Act, in section 119,-- (i) in third line, for the words "National or Regional Benches", appearing in between the word "by the" and "of the" the words "Principal Bench" shall be substituted ; (ii) in fifth line, for the words "State Bench or Area Benches", appearing in between the word "by the" and "of the" the words "State Benches" shall be substituted. 21. Amendment of section 122....
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....hichever is higher, and the maximum amount not being less than thirty thousand rupees or one hundred and fifty per cent. of the tax, whichever is higher", appearing in between the words "less than" and punctuation mark "." the words "twenty-five per cent. of the tax involved and the maximum amount not being more than one hundred per cent. of the tax involved" shall be substituted. 24. Insertion of new section 158A.--In the principal Act, after section 158, the following new section shall be inserted, namely :-- "158A. Consent based sharing of information furnished by taxable person.--(1) Notwithstanding anything contained in sections 133, 152 and 158, the following details furnished by a registered person may, subject to the provisions of sub-section (2), and on the recommendations of the Council, be shared by the common portal with such other systems as may be notified by the Government, in such manner and subject to such conditions as may be prescribed, namely :-- (a) particulars furnished in the application for registration under section 25 or in the return filed under section 39 or under section 44 ; (b) the particulars uploaded on the common portal for preparation of in....