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Amendments to special procedure for corporate debtors

State Notification of Tripura · 20174,544 characters of text

The enactment

TypeNotification
Year2017
JurisdictionState of Tripura
StatusIn force as published by the source
TextPublished as one document, as the source published it
Subjectstaxation

Full text

The source publishes this enactment as a single document rather than provision by provision, so the whole text is below and there are no per-section pages for it. Nothing has been shortened.

No. 1531 Registered No. N. E.930.

TRIPURA GAZETTE Published by Authority EXTRAORDINARY ISSUE Agaftala, Monday, July 6, 2020 A. D., Asadha 15, 1942 S. E.

PART--|-- Orders and Notifications bytheGovernmentof Tripura, ' The High Court, Government Treasury etc.

GOVERNMENT OF TRIPURA FINANCE DEPARTMENT (TAXES & EXCISE) NO.F.1 -1 1 (91 )-TA)UGST/2020 Dated, Agartala, the 06 / 07 /,2020.

NOTIFICATION In exercise of the porvers conferrcd by section 148 of the Tripura State Coods and Sen'ices Tax Act, 20 l7 (Tripura Act No. 9 of 20 l7), the Covemment, on the recommendations of the Council, lrereby makes the following anrendments in the notification of the Covernrnent of Tripura in the Finance Department, No.F.l-l l(9 l)-'fAXiCS'I/2020(Part-ll), dated the 20"'May,202A, published in the Tripura Gazette, Extraordinary lssue, vide number 1209. dated the ?0'h May, 2020, nanrely:- ln the said notification

(i) in the first paragraph, the follou'ing proviso slrall be inserted, tlamelyl .'Provided that the said class of persons shall not include those corporate debtors who have t'urnished the statements under section 37 and lhe returns under section f9 of thc said Act for allthe tax pericxls prior to the appointrnent of IRP/RP."l

(ii) tbr the paragraph 2. rvith effect ltonr the 21"' March.2020, the follorving paragraph slrall be substituted, namelY: ' "2. Registralion.- l-he said class of pcrsorrs shall. witlr eff'ect from the date of appointrnent of IRP i RP, be treated as a disrinct person of the corporate debtor. and shall bE liable to take a new registratign (hereinafler referrecJ to as the new registration) in each o1'the States or Ulion lerritories where tlre corporate debtor u,as regisfered earlier, within thirty days of the appointment of the IRP/RP or by 30"' June, 2020, whichcver is later:.'".

Ciovernor.

(Nagesh K /1 Il,IAS) Joint Secretary (jovemrnent of 'l'ripura Finance Department Note: 'l'he principal rrotification rvas published in the 'Iripura Gazette, lJxtraordinary lssue, vide nolification No.F. l-ll(9t)-TAX/GST/2020(Part-ll), datcd the 20'r'lvlay,2020, ptrblished vide number

1209. datecJ the 20'r'May,2020.

Ilv Printed at the Tripura Governmenf Press, Agartala.

No. 1531 T Registered No. N. E. 930.

~ '21.? , 9~*!.f.taa;ta->.f@.-:-'-‘-if-'.'-‘F’-.'-=-r_. ht‘; :.|,$:::: flu‘.

" fig‘ 0 ' - 0 TRI P U RA GAZETTE "51 - trntlrairirh Published byAuthority I EXTRAORDINARY ISSUE A _ Agartala, Monday,iuly 6, 2020 A. D., Asadha 15, 1942 S. E. _ l

PART--I» Orders and Notifications by the Governmentof Tripura, ' I The High Court, Government Treasury etc.

GOVERNMENT OF TRIPURA FINANCE DEPARTMENT I (TAXES & EXCISE) NO.F.1-'l1(91)-TAXlGSTl2020 ' Dated,sAgartala, the 0610712020 NOTIFICATION In exercise of the powers corttierrc-d by section I48 of the Tripura State Goods and Services Tax Act, 20l7 (Tripura Act No. 9 of 20l7), the Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of Tripura in the I -F-inance_Department, No.F.l-l l(9-I)-TAX/GST/2020(Part-II), dated the 20”‘ May, 2020, published in I the Tripura Gazette, Extraordinary Issue, vide number I209, dated the 20"‘ May, 2020, namely:- In the said notification

(it) in the first paragraph, the following proviso shall be inserted, namely: - I I “Provided that the said class of persons shall not include those corporate debtors who have furnished the statements under section 37 and the returns under section 39 of the said Act for all the tax periods prior to the appointment of IRP/'RP.”;

(ii) for the paragraph 2. with effect from the 2}“ March, 2020, the following paragraph shall be substituted, namely: - r V “'2. Registration.- The said class of persons shall, with effect From the date of appointment of IRP / RP, be treated as a distinct person olithe corporate debtor, and shall be liable to take a new registration (ltereinafie-r referred to as the new registration) in each of the States or Union territories where the corporate debtor was registered earlier, within I'ITlt'ii}*' days of" the appointment of the [RP/RP or by 30"’ June, 2020, whichever is later:.”.

By o ¢ e Governor, - _..r‘ A5 a (Nagesh Kuma r B, IAS) I Joint Secretary (Iiovernmsent of Tripura Finance Department Note: The principal notification was published in the Tripura Gazette, Extraordinary Issue, vide notification No.F.l-l I(9I)-TAX/GST/2020(Part-II), dated the 20"‘ May, 2020, published vide number 1209, dated the 20*‘ May, 2020.

T I‘ _ I _ F T3rinTed-at the Tripura government P_;ess,_Agari-aiia. I I

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