9911796707
TMI BlogNagaland Goods and Services Tax (Seventh Amendment) Act, 2023X X X X Extracts X X X X X X X X Extracts X X X X ..... 2023. (b) It shall extend to the whole of Nagaland. (c) It shall come into force on such date as the State Government may, by notification appoint. 1. Amendment of section 10. In the Nagaland Goods and Services Tax Act, 2017 (hereinafter referred to as the Nagaland Goods and Services Tax Act ), in section 10, (i) in sub-section (2), in clause (d), the words goods or shall be omitted ; (ii) in sub-section (2A), in clause (c), the words goods or shall be omitted. 2. Amendment of section 16 . In section 16 of the Nagaland Goods and Services Tax Act, in sub-section (2), (i) in the second proviso, for the words added to his output tax liability, along with interest thereon , the words and figures paid by him along with interest payable under sec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be exempted from obtaining registration under this Act. . 5. Amendment of section 30 . In section 30 of the Nagaland Goods and Services Tax Act, in sub-section (1), (i) 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 ; (ii) the proviso shall be omitted. 6. Amendment of section 37. In section 37 of the Nagaland Goods and Services Tax 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 ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al return under sub-section (1) for a financial year after the expiry of a period of three years from the due date of furnishing the said annual return : Provided that, the Government may, on the recommendations of the Council, by notification, and subject to such conditions and restrictions as may be specified therein, allow a registered person or a class of registered persons to furnish an annual return for a financial year under sub-section (1), even after the expiry of the said period of three years from the due date of furnishing the said annual return. . 9. Amendment of section 52 . In section 52 of the Nagaland Goods and Services Tax Act, after sub-section (14), the following sub-section shall be inserted, namely : (15) The operator ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the registered person fails to furnish a valid return within sixty days of the service of the assessment order under sub-section (1), he may furnish the same within a further period of sixty days on payment of an additional late fee of one hundred rupees for each day of delay beyond sixty days of the service of the said assessment order and in case he furnishes valid return within such extended period, the said assessment order shall be deemed to have been withdrawn, but the liability to pay interest under sub-section (1) of section 50 or to pay late fee under section 47 shall continue. . 13. Substitution of section 109 . For section 109 of the Nagaland Goods and Services Tax Act, the following section shall be substituted, namely : 109. C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... commerce operator who, (i) allows a supply of goods or services or both through it by an unregistered person other than a person exempted from registration by a notification issued under this Act to make such supply ; (ii) allows an inter-State supply of goods or services or 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... per cent. of the tax, whichever is higher , the words twenty-five per cent. of the tax involved and the maximum amount not being more than one hundred per cent. of the tax involved shall be substituted. 21. Insertion of new section 158A. After section 158 of the Nagaland Goods and Services Tax Act, the following section shall be inserted, namely : 158A. Consent based sharing of information furnished by taxable person. (1) Notwithstanding anything contained in sections 133, 152 and 158, the following details furnished by a registered person may, subject to the provisions of sub-section (2), and on the recommendations of the Council, be shared by the common portal with such other systems as may be notified by the Government, in such manner an ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
