TaxTMI 
TaxTMI 
Uttar Pradesh Goods and Services Tax (Third Amendment) Act, 2020
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....m. THE UTTAR PRADESH GOODS AND SERVICES TAX (THIRD AMENDMENT) ACT, 2020 (U.P. Act no. 24 OF 2020) [As passed by the Uttar Pradesh Legislature] AN ACT further to amend the Uttar Pradesh Goods and Services Tax Act, 2017. IT IS HEREBY enacted in the Seventy-first Year of the Republic of India as 1 follows :- Short title and commencement 1. (1) This Act may be called the Uttar Pradesh Goods and Services Tax (Third Amendment) Act, 2020. (2) Save as otherwise provided, it shall come into force on such date as the State Government may, by notification in the Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act. Amendment of section 2 of U.P. Act no. 1 of 2017 2. I....
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....clause (a)." Amendment of section 31 7. In section 31 of the principal Act, in sub-section (2), for the proviso, the following proviso shall be substituted, namely :- "provided that the Government may, on the recommendations of the council, by notification,- (a) specify the categories of services or supplies in respect of which a tax invoice shall be issued, within such time and in such manner as may be prescribed; (b) subject to the condition mentioned therein, specify the categories of services in respect of which- (i) any other document issued in relation to the supply shall be deemed to be a tax invoice; or (ii) tax invoice may not be issued." Amendment of section 51 8. In section....
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....y of July, 2017,- (i) in sub-section (1), after the words "existing law", the words "within such time and" shall be inserted and shall be deemed to have been inserted; (ii) in sub-section (2), after the words "appointed day", the words "within such time and" shall be inserted and shall be deemed to have been inserted; (iii) in sub-section (3), for the words "goods held in stock on the appointed day subject to", the words "goods held in stock on the appointed day, within such time and in such manner as may be prescribed, subject to" shall be substituted and shall be deemed to have been substituted; (iv) in sub-section (5), for the words "existing law", the words "existing law, within such time and in such ....
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....ferred to as the said Act, has been enacted to make a provision of levy and collection of tax on intra-state supply of goods or services or both by the State of Uttar Pradesh. 2. The said Act, provides for certain provisions for smooth transition of existing tax payers to new goods and service tax regime. However the new tax regime had faced certain difficulties. To simplify to opt out of the registration voluntarily made, to extend the time limit to file the application for revocation of cancellation of registration, to make justified the provisions for issuing of tax invoice and deduction of tax on source, to determine the liability of actual beneficiary person in case of receiving of ITC fradulently, to carry forward the remaining ITC....