No. 2402 Registered No. N. E.930.
TRIPURA GAi-ETTE Published by Authority EXTRAORDINARY ISSUE Agartala, Monday, November 23, 2020 A. D., Agrahayana 2, 1942 S. E.
PART--I-- Orders and Notifications by the Government of Tripura, The High Court, Government Treasury etc.
GOVERNMENT OF TRIPURA FINANCE DEPARTMENT (TAXES & EXCTSE) NO.F.1 -1 1 (91 )-TA)(/GST t2020(P art-ttl Dated, Agartala, the 23.d Nov. 2020.
NOTIFICATION In exercise of the powers conferred by se-ction 148 rcad with sub-section (7) of scction 39 of the 'llripura Stale Goods and Services 'I'nx Acr, 2O77 (-I-ripura Act No. 9 of 2Ol7), (hercinafter referred to as the said Act), the State Government, on the recomrnendations of the Council, hereby notifies thc rcgistered persons, notified under proviso to sub-section (l) of section 39 of thc said Act, rvho have opted to lirrnish a return for every quafier or part thereofl as the class of pcrsons '*'ho nray, in first month or second month or both months of rhe quarter, follow the special procedurc such that tire said pcrsons may pay thc tax duc nnder proviso to sub-section (7) of section 39 o1'the said z\ct, by rvay of nraking a deposit of an amounl in the clcctronic cash ledger equivalent to, -
(i) thirty I'rve per ccnt. of the tax liability paid try debiting the electronic cash ledger in the return fbr the preceding cluarter wherc the retun-r is furnished quarterly; or
(ii) the tax liability paid by debiting the clcctronic cash le<lgcr in tho return fbr the last month of the immediately precedirrg quan'ter rvhere the rcturn is tiunishcd monthly:
Providcd that no such arnount rnay be required to be deposited-
(zr) for the first month o1'the quzlrter, rvhere the balance in the electronic cash ledget or electronic credit ledgcr is adequate for the tax liability fcrr the said month or v',herc there is nil tzr-x liability ;
(b) Ibr the second month o1- the quarter, r.vhere the balancc in the electronio cash ledger or electronic credit ledgcr is adcquate lbr the cumulative tax liability for thc first and the second month of the quarter or where thcre is nil tax liabilit-v:
Provided further that registered person shall not be cligiblc for the said specizrl procedure unless he has furnished the return lor a complete tax periocl prcceding such rnonth.
Explanation- F'or the purpose of this notihcation, the e;xpression "a complete tax period" rleans a tax period in rvhich the lrerson is registercd from the tirsl day of'the tax period till the last day of the tax period.
?. This notification shall come into force with effect from lhc I't ciay of January.?tJ2l .
I31r order of the Covernor, t\ V i+-tt (Dr, Vishal I(umar, IAS) Joint Secretarlz Govcrrtment o 1' Tri pura Finance f)epartment Printed at the Tripura Governmenf Press, Agartala.
No. 2402 Registered No. N. E. 930 fit, ‘-‘-"::-:§=:=:lf':3;
TRIPURA GAZETTE '5'» - 8113181122 Published byAuthority EXTRAORDINARY ISSUE Agartala, Monday, November 23, 2020 A. D., Agrahayana 2, 1942 S. E.
PART--l-- Orders and Notifications by the Government of Tripura, _ The High Court, Government Treasury etc.
GOVERNMENT OF TRIPURA FINANCE DEPARTMENT (TAXES & EXCISE) NO.F.1-11(91)-TAXIGSTI2020(Part-ll) Dated, Agartala, the 23'“ Nov. 2020 NOTIFICATION In exercise of the powers conferred by section 148 read with sub-section (7) of section 39 of the Tripura State Goods and Services Tax Act, 2017 (Tripura Act No. 9 of 2017), (hereinafter referred to as the said Act), the State Government, on the recommendations of the Council, hereby notifies the registered persons, notified under proviso to sub-section (1) of section 39 of the said Act, who have opted to furnish a return for every quarter or part thereof, as the class of persons who may, in first month or second month or both months of the quarter, follow the special procedure such that the said persons may pay the tax due under proviso to sub-section (7) of section 39 of the said Act, by way of making a deposit of an amount in the electronic cash ledger equivalent to, -
(i) thirty five per cent. of the tax liability paid by debiting the electronic cash ledger in the return for the preceding quarter where the return is furnished quarterly; or
(ii) the tax liability paid by debiting the electronic cash ledger in the return for the last month of the immediately preceding quarter where the return is lhrriished monthly:
Provided that no such amount may be required t.o be deposited-
(a) for the first month of the quarter, where the balance in the electronic cash ledger or electronic credit ledger is adequate for the tax liability for the said month or where there is nil tax liability ;
(b) for the second month oi‘ the quarter, where the balance in the electronic cash ledger or electronic credit ledger is adequate for the cumulative tax liability for the first and the second month of the quarter or where there is nil tax liability:
Provided further that registered person shall not be eligible for the said special procedure unless he has furnished the return for a complete tax period preceding such month.
Explanati0n- For the purpose of this notification, the expression “a complete tax period” means a tax period in which the person is registered from the first day of‘ the tax period till the last day of the tax period.
2. This notification shall come into force with effect from the ls‘ day of January, 2021.
By order of the Governor, Vaw\ (Dr. Vishal Kumar, IAS) Joint Secretary Government 0 ii Tripura - Finance Department Printed at the Tripura Government Press, Agartala.