Amendment status not verified — confirm the current text below against the official source.
“(a) a person who has been allowed to compound once in respect of any of the offences specified in clauses (a) to (f), (h), (1) and (i) of sub-section (1) of section 132;". (i) clause {b) shall be omitted; (iii} for clause (c}, the following clause shall be substituted, namely: “(c) a person who has been accused of committing an offence under clause (b) of sub-section (1) of section 132;". (iv) clause (e) shall be omitted; (b) in sub-section (2), for the words "ten thousand rupees or fifty per cent. of the tax involved, whichever is higher, and the maximum amount not being less than thirty thousand rupees or one hundred and fifty per cent of the tax, whichever is higher", the words "twenty five per cent. of the tax invoived and the maximum amount not being more than one hundred per cent. of the tax involved" shall be substituted. In the Principal Act, after section 158, the following section shall be inserted, namely:- "158A. (1) Notwithstanding anything contained in sections 133, 152 and 158, the following details furnished by a registered person may, subject to the provisions of sub-section (2), and on the recommendations of the Council, be shared by the common portal with such other systems as may be notified by the Government, in such manner and subject to such conditions as may be prescribed, namely:- (a) particulars furnished in the application for registration under section 25 or in the return filed under section 39 or under section 44; (b) the particulars uploaded on the common portal for preparation of invoice,the details of outward supplies furnished under section 37 and the particulars uploaded on the common portal for generation of documents under section 68; {c) such other details as may be prescribed. For the purposes of sharing details under sub-section (1), the consent shail be obtained, of- (a) the supplier, in respect of details furnished under ciauses (a), (b} and of sub-section {(1); and (b) the recipient, in respect of details furnished under clause {b) of sub-section(1), and under clause (c) of sub-section (1) only where such details include identity information of the recipient,in such form and manner as may be prescribed. (3) Notwithstanding anything contained in any law for the time being in force, no action shall lie against the Government or the common portal with respect to any liability arising consequent fo information shared under this section and there shall be no impact on the liability to pay tax on the relevant supply or as per the relevant return.". in the principal Act, in Schedule Ill, in paragraph 6, for the words "lottery, betting and gambling” the words "specified actionable claims" shall be substituted. The amendments made under this Act shall be without prejudice to s of any other law for the time being in force, providing for prohibiting, restricting or regulating betting, casino, gambling, horse racing, lottery or online gaming. Insertion of new section 168A Consent based sharing of information furnished by taxable person Amendment of Schedule I} Transitory Provision. Onit Panyang, I1AS Commissioner to the Government of Arunachal Pradesh, Itanagar. Published and printed by Directorate of Printing, Naharlagun—411/2023-DoP-260+Secy (LA)-50+ Commr. (Law.)50 +Secy.(Tax & Excise)-50-9-2023.