- State cabinet approved bill to amend The Goa Goods and Services Tax Act, 2017
- Amendments made in line with recommendations of GST Council
- Proposed amendments include making ISD procedure mandatory for distribution of input tax credit
- Bill seeks to make registration of ISD mandatory for procurement of common input services
- New section 122A to provide for penalty and confiscation of unregistered machines used in manufacture of notified goods
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
