Section 4: In n 22 ofthe principal Act, in sub-section ‘(),after the :second proviso, the following shall be inserted, namely
The Manipur Goods and Services Tax (Second Amendment) Act, 2019 (Manipur Act No. 9 of 2019)State Act of Manipur · Act 9 of 2019
“Provided also that the Government may;on the recommendations of the Council, enhance the aggregate turnover from twenty Jakh Tupeés to such amountnot exceeding forty lakh rupees in case of supplierwho is engaged exclusively in the supply ofgoods, subject ¢h conditions and limitations, as may be notified.
oe ion.—For the purposes ofthis sub-section, a person shall be idered to be engaged exclusively in the supply of goods .
evenifhe is engaged inexempt supply ofservices provided by way of extending deposits, loans or advances in so far as the consideration is represented by way ofinterest or discount.”.
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