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TMI BlogManipur Goods and Services Tax (Sixth Amendment) Act, 2024.X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ; ; (b) after clause (102), the following 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 ; ; (c) in clause (105), the following proviso shall be inserted at the end, namely : Provided that a person who organises or arranges, directly or indirectly, supply of specified actionable claims, including a person who owns, operates or manages digital or electronic platform for such supply, shall be deemed to be a supplier of such actionable claims, whether such actionable claims are supplied by him or through him and whether consideration in money or money s worth, including virtual digital assets, for supply of such actionable cla ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be specified therein, specify the category of persons who may be exempted from obtaining registration under this Act. . 7. Amendment of section 24 . In section 24 of the principal Act, (a) in clause (xi), the word and occurring at the end, shall be omitted ; (b) after clause (xi), the following clause shall be inserted, namely : (xia) every person supplying online money gaming from a place outside India to a person in India ; and . 8. Amendment of section 30. In section 30 of the principal Act, in sub-section (1), (a) for the words the prescribed manner within thirty days from the date of service of the cancellation order : , the words such manner, within such time and subject to such conditions and restrictions, as may be prescribed. shall be substituted ; (b) the proviso shall be omitted. 9. Amendment of section 37 . In section 37 of the principal Act, after sub-section (4), the following sub-section shall be inserted, namely : (5) A registered person shall not be allowed to furnish the details of outward supplies under sub-section (1) for a tax period after the expiry of a period of three years from the due date of furnishing the said details : Provided that, the Government may ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 from the due date of furnishing the said statement. . 13. Amendment of section 54. In section 54 of the principal Act, in sub-section (6), the words excluding the amount of input tax credit provisionally accepted, shall be omitted. 14. Amendment of section 56. In section 56 of the principal Act, for the words from the date immediately after the expiry of sixty days from the date of receipt of application under the said sub-section till the date of refund of such tax , the words and sign for the period of delay beyond sixty days from the date of receipt of such application till the date of refund of such tax, to be computed in such manner and subject to such conditions and restrictions as may be prescribed shall be substituted. 15. Amendment of section 62 . In section 62 of the principal Act, in sub-section (2), (a) for the words thirty days , the words sixty days shall be substituted ; (b) the following proviso shall be inserted, namely : Provided that, where the registered person fails to furnish a valid return within sixty days of the ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r both through it by a person who is not eligible to make such inter-State supply ; or (iii) fails to furnish the correct details in the statement to be furnished under sub-section (4) of section 52 of any outward supply of goods effected through it by a person exempted from obtaining registration under this Act, shall be liable to pay a penalty of ten thousand rupees, or an amount equivalent to the amount of tax involved had such supply been made by a registered person other than a person paying tax under section 10, whichever is higher. . 23. Amendment of section 132. In section 132 of the principal Act, in sub-section (1), (a) clauses (g), (j) and (k) shall be omitted ; (b) in clause (l), for the words, brackets and letters clauses (a) to (k) , the words, brackets and letters clauses (a) to (f) and clauses (h) and (i) shall be substituted ; (c) in clause (iii), for the words any other offence , the words, brackets and letter an offence specified in clause (b), shall be substituted ; (d) in clause (iv), the words, brackets and letters or clause (g) or clause (j) shall be omitted. 24. Amendment of section 138. In section 138 of the principal Act, (a) in sub-section (1), in the fir ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anything contained in any law for the time being in force, no action shall lie against the Government or the common portal with respect to any liability arising consequent to information shared under this section and there shall be no impact on the liability to pay tax on the relevant supply or as per the relevant return. . 26. Amendment of Schedule III. In the principal Act, in Schedule III, in paragraph 6, for the words lottery, betting and gambling , the words specified actionable claims shall be substituted. 27. Retrospective exemption to certain activities and transactions in Schedule III to the Manipur Goods and Services Tax Act. (1) In Schedule III to the principal Act, paragraphs 7 and 8 and the Explanation 2 thereof (as inserted vide section 31 of Act 1 of 2018) shall be deemed to have been inserted therein with effect from the 1st day of July, 2017. (2) No refund shall be made of all the tax which has been collected, but which would not have been so collected, had sub-section (1) been in force at all material times. 28. Transitory provisions . The amendments made under this Act shall be without prejudice to provisions of any other law for the time being in force, providi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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