The Goa Goods and Service Tax (Amendment) Ordinance, 2020

The Government of Goa on June 16, 2020 has issued the Goa Goods and Service Tax (Amendment) Ordinance, 2020 to further amend the Goa Goods and Services Tax Act, 2017.

The followings are the amendments:-

1. Section 29(c) has been substituted stating that the taxable person is no longer liable to be registered or intends to opt out of the registration voluntarily.
2. Section 51(3) has been substituted, stating that a certificate of tax deduction at source shall be issued in such form and in such manner as may be prescribed.
3. In Section 122, a new sub-section (1A) has been inserted, namely:-

“Any person who retains the benefit of a transaction covered under clauses (i), (ii), (vii) or clause (ix) of sub- -section (1) and at whose instance such transaction if conducted, shall be liable to a penalty of an amount equivalent to the tax evaded or input tax credit availed of or passed on.”

[Ordinance No. 5 of 2020]

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