Amendment status not verified — confirm the current text below against the official source.
Insertion of new section 122A.- In the principal Act, after section 122, the following new section shall be inserted, namely:- “122A. Penalty for failure to register certain machines used in manufacture of goods as per special procedure.- (1) Notwithstanding 192 anything contained in this Act, where any person, who is engaged in the manufacture of goods in respect of which any special procedure relating to registration of machines has been notified under section 148, acts in contravention of the said special procedure, he shall, in addition to any penalty that is paid or is payable by him under Chapter XV or any other provisions of this Chapter, be liable to pay a penalty equal to an amount of one lakh rupees for every machine not so registered. (2) In addition to the penalty under sub-section (1), every machine not so registered shall be liable for seizure and confiscation: Provided that, such machine shall not be confiscated where:- (a) the penalty so imposed is paid; and (b) the registration of such machine is made in accordance with the special procedure within three days of the receipt of communication of the order of penalty.” The above translation of ಕರ್ನಾಟಕ ಸರಕು ಮತ್ತು ಸೇವೆಗಳ ತೆರಿಗೆ (ತಿದ್ದುಪಡಿ) ಅಧಿನಿಯಮ, 2024 (2024 ರ ಕರ್ನಾಟಕ ಅಧಿನಿಯಮ ಸಂಖ್ಯೆ: 36) be published in the official Gazette under clause (3) of Article 348 of the Constitution of India. THAAWARCHAND GEHLOT GOVERNOR OF KARNATAKA By Order and in the name of the Governor of Karnataka, G. SRIDHAR Secretary to Government Department of Parliamentary Affairs and Legislation KARNATAKA ACT NO. 02 OF 2025 (First Published in the Karnataka Gazette Extra-ordinary on the 9th day of January 2025) THE KARNATAKA GOODS AND SERVICES TAX (SECOND AMENDMENT) ACT, 2024 (Received the assent of the Governor on the 8th day of January 2025) An Act further to amend the Karnataka Goods and Services Tax Act, 2017 (Karnataka Act 27 of 2017). Whereas it is expedient further to amend the Karnataka Goods and Services 193 Tax Act, 2017 (Karnataka Act 27 of 2017) for the purposes hereinafter appearing; Be it enacted by the Karnataka State Legislature in the seventy fifth year of the Republic of India as follows:-