TaxTMI 
TaxTMI 
Madhya Pradesh Goods and Services Tax (Amendment) Act, 2022
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...., or levy or collection of, State tax in certain cases. 19. Retrospective effect to notification issued under sub-section (2) of Section 7. 20. Retrospective exemption from, or levy or collection of, State tax in certain cases. MADHYA PRADESH ACT No. 15 OF 2022 THE MAHDYA PRADESH GOODS AND SERVICES TAX (AMENDMENT) ACT, 2022 [Received the assent of the Governor on the 29th September, 2022; assent first published in the "Madhya Pradesh Gazette (Extra-ordinary)", dated the 30th September, 2022.] An Act further to amend the Madhya Pradesh Goods and Services Tax Act, 2017. Be it enacted by the Madhya Pradesh Legislature in the seventy-third year of the Republic of India as follows :- Short title and commencement. 1. (1) This Act may be called the Madhya Pradesh Goods and Services Tax (Amendment) Act, 2022. (2) Save as otherwise provided, sections 2 to 15 and 20 of this Act shall come into force from 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 16. 2. In the Madhya Pradesh Goods and Services Tax ....
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.... limit noticed by the Commissioner of Central tax shall be deemed to be notified by the Commissioner; (b) sub-section (2) shall be deleted; (c) in sub-section (3), -- (i) the words and figures "and which have remained unmatched under Section 42 or Section 43" shall be omitted; (ii) in the first proviso, for the words and figures "furnishing of the return under Section 39 for the month of September", the words "the thirtieth day of November" shall be substituted; (d) after sub-section (3), the following new sub-section shall be inserted, namely :- "(4) A registered person shall not be allowed to furnish the details of outward supplies under sub-section (1) for a tax period, if the details of outward supplies for any of the previous tax periods has not been furnished by him: 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 a registered person or a class of registered persons to furnish the details of outward supplies under sub-section (1), even if he has not furnished the details of outward supplies for ....
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....ion(7), for the first proviso, the following proviso shall be substituted, namely:- "Provided that every registered person furnishing return under the proviso to sub-section (1) shall pay to the Government, in such form and manner, and within such time, as may be prescribed,- (a) an amount equal to the tax due taking into account inward and outward supplies of goods or services or both, input tax credit availed, tax payable and such other particulars during a month; or (b) in lieu of the amount referred to in clause (a), an amount determined in such manner and subject to such conditions and restrictions as may be prescribed."; (c) in sub-section (9),- (i) for the words and figures "Subject to the provisions of Sections 37 and 38, if, the word "Where" shall be substituted; (ii) in the proviso, for the words "the due date for furnishing of return for the month of September or second quarter", the words "the thirtieth day of November" shall be substituted; (d) for sub-section (10), the following sub-section shall be substituted, namely :- "(10) A registered person shall not be allowed to furnish a return for a tax....
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....ll be omitted; (b) in sub-section (4), for the words "subject to such conditions", the words "subject to such conditions and restrictions" shall be substituted; (c) after sub-section (11), the following new sub-section shall be inserted, namely :- "(12) Notwithstanding any thing contained in this Act, the Government may, on the recommendations of the Council, subject to such conditions and restrictions, specify such maximum proportion of output tax liability under this Act which may be discharged through the electronic credit ledger by a registered person or a class of registered persons, as may be prescribed.". Amendment of Section 50. 13. In section 50 of the principal Act, for sub-section (3), the following sub-section shall be substituted and shall be deemed to have been substituted with effect from the 1st day of July, 2017, namely :- "(3) Where the input tax credit has been wrongly availed and utilised, the registered person shall pay interest on such input tax credit wrongly availed and utilised, at such rate not exceeding twenty-four percent as may be notified by the Government, on the recommendations of the Council, and the interes....
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.... F A-3-50-2019-1-V (07), Dated 14th February, 2020, all functions provided under The Madhya Pradesh Goods and Services Tax Rules, 2017.". 22nd June, 2017 (2) For the purposes of sub-section (1), the State Government shall have and shall be deemed to have the power to amend the notification referred to in the said sub-section with retrospective effect as if the State Government had the power to amend the said notification under section146 of the Madhya Pradesh Goods and Services Tax Act, 2017 retrospectively, at all material times. Retrospective amendment of notification issued under sub-sections (1) and (3) of section 50, sub- section (12) of section 54 and section 56. 17. (1) (1) The notification No F. A-3-27/2017/1/FIVE-(54), published in the Madhya Pradesh Gazette (Extraordinary) Serial No 307 dated the 30th June, 2017, issued by the State Government on the recommendations of the Council, under sub-sections (1) and (3) of section 50, sub-section (12) of section 54 and section 56 of the Madhya Pradesh Goods and Services Tax Act, 2017, shall stand amended and shall be deemed to have been amended retrospectively as specified in column (2) of the table below, on and from....