TaxTMI 
TaxTMI 
Assam Goods and Services Tax (Amendment) Act, 2021.
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....pedient further to amend the Assam Goods and Services Tax Act, 2017 (Assam Act No. XXVIII of 2017), hereinafter referred to as the principal Act, in the manner hereinafter appearing; It is hereby enacted in the Seventy-second Year of the Republic of India as follows: - Short title, extent and commencement 1. (1) This Act may be called the Assam Goods and Services Tax (Amendment) Act, 2021. (2) It extends to the whole of Assam. (3) Save as otherwise provided, the provisions of this Act shall come into force on such date as the Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act and any reference in....
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.... 35 4. In the principal Act, in section 35, sub-section (5), shall be omitted. Substitution of new section for section 44 5. In the principal Act, for section 44, the following section shall be substituted, namely :- "Annual Return. 44. Every registered person, other than an Input Service. Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person shall furnish an annual return which may include a self-certified reconciliation statement, reconciling the value of supplies declared in the return furnished for the financial year, with the audited annual financial statement for every financial year electronically, within such time and in....
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.... "under" and "are" for the words and figures "sections 122, 125, 129 and 130", the words and figures "sections 122 and 125" shall be substituted. Amendment of section 75 8. In the principal Act, in section 75, in sub-section (12), in fifth line after the provision ending with words and figure "section 79" the following Explanation shall be inserted, namely :- 'Explanation .- For the purposes of this sub-section, the expression "self-assessed tax" shall include the tax payable in respect of details of outward supplies furnished under section 37, but not included in the return furnished under section 39.". Amendment of section 83 9. In the principal Act, in section 83, for sub-section (1), the ....
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.... such penalty; (b) on payment of penalty equal to fifty per cent. of the value of the goods or two hundred per cent. of the tax payable on such goods, whichever is higher, and in case of exempted goods, on payment of an amount equal to five per cent. of the value of goods or twenty- five thousand rupees, whichever is less, where the owner of the goods does not come forward for payment of such penalty;"; (ii) sub-section (2) shall be omitted; (iii) for sub-section (3), the following sub-section shall be substituted, namely :- "(3) The proper officer detaining or seizing goods or conveyance shall issue a notice within seven days of such detention or seizure, specifying the penalty payable, and thereafter, p....
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....second proviso, in second line for the words, brackets and figures "amount of penalty leviable under sub-section (1) of section 129", the words "penalty equal to hundred per cent. of the tax payable on such goods" shall be substituted; (iii) sub-section (3) shall be omitted. Substitution of new section for section 151 13. In the principal Act, for section 151, the following section shall be substituted, namely :- "Power to call for information. 151. The Commissioner or an officer authorised by him may, by an order, direct any person to furnish information relating to any matter dealt with in connection with this Act, within such time, in such form, and in such manner, as may be specified therein.....