Amendment in Notification No. 02/2019- State Tax (Rate), dated the 8th March, 2019, - 09/2019-State Tax (Rate) - Tripura SGST

GOVERNMENT OF TRIPURA FINANCE DEPARTMENT (TAXES EXCISE) No. F.1-11(91)-TAX/GST/2019 Dated, Agartala, the 30/03/2019 Notification No. 09/2019-State Tax (Rate) In exercise of the powers conferred by sub-section (1) of section 9, sub-section (1) of section 11 sub-section (1) of section 16 of the Tripura State Goods and Services Tax Act, 2017 (Tripura Act No. 9 of 2017) (herein after referred to as the said Act ), the State Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.02/2019- State Tax (Rate), dated the 8th March, 2019, published in the Tripura Gazette, Extraordinary Issue, vide 545. dated the 8 th March. 2019, namely:- In the said notification, - (i) in the Table, in column 3, after clause 7, the following clause shall be inserted, namely: - 8. Where any registered person who has availed of input tax credit opts to pay tax under this notification, he shall pay an amount, by way of debit in the electronic credit ledger or electronic cash ledger, equipment to the credit of input tax in respect of inputs held in stock and inputs contained in semi-finished or finished held in stock and on capital goods as if the supply made under this notification attracts the provisions of section 18(4) of the said Act and the rules made there-under and after payment of such amount, the balance of input tax credit, if any, lying in his electronic credit ledger shall lapse. ; (ii) in paragraph 3, in the Explanation, after clause (ii), the following clause shall be inserted, namely: - (iii) the Tripura State Goods and Services Tax Rules, 2017, as applicable to a person paying tax under section 10 of the said Act shall, muatis mutandis , apply to a person paying tax under this notification. 2. This notification shall come into force on the 1 st day of April, 2019. By Order of the Governor (Nagesh Kumar B, IAS) Joint Secretary Government of Tripura Finance Department