Amendment status not verified — confirm the current text below against the official source.
In section 2 of the Manipur Goods and Services Tax, Act, 2017 Manipur Act section2. (hereinafter referred to as the principal Act), in clause (4), after the No.3 of2017 words “the Appellate Authority for Advance Ruling,”, the words “the National Appellate Authority for Advance Ruling,” shall be inserted. Amendmentof 3, In section 10 ofthe principal Act,— section . (2) in sub-section (1), after the second proviso, the, following Explanation shall be inserted, namely:-— “Explanation.—For the purposes of ‘second proviso, the value of exempt supply ofservices provided byway ofextendingdeposits, loans or advances in so far as the consideration is represented by way of interest or discount shall not be taken into account for determining the value ofturnover in a State.”; @)in sub-section (2),— @in clause -(d), the word ‘‘and’* occurring at the end. shall be ii) in clause (e), for the word and figure *““<Council:**, the words and figure ‘Council; and’’ shall be substituted; Gai)eo clause (e), the following Clause shall be inserted, + namely:—' + . “(f) he is neither a casual taxable person nor a non-resident taxable person:”; -2- (3) after sub-section (2), the following sub-section shall be inserted, namely:— —. “(2A) Notwithstanding anything to the contrary containedin this Act, but subject to the provisions of sub-sections (3) and (4) of section 9, a registered person, not eligible to opt to pay tax under sub-section (1) and sub-section (2), whose aggregate turnover in the preceding financial year did not exceed fifty lakh rupees, may opt to pay, in lieu ofthe tax payable by him under sub-section (1) ofsection 9, an-amount of tax calculated at such rate as may be prescribed, but not exceeding three per cent. ofthe turnover in State, ifhe is not—- (a) engaged in making any supply ofgoods or services which are notleviable to tax under this Act; - (b) engaged in making any inter-State outward supplies of goods or services; (c) engaged in making any supply ofgoods orservices through an electronic commerce operator whois required to collect tax at source under section 52; . (d) a manufacturer of such goods or supplier of such services as maybe notified by the Governmenton the recommendationsofthe Council; and . (e) a casual taxable person or a non-residenttaxable person: Providedthat where more than one registered Personarehaving 43 of 1961 " the same Permanent AccountNumber issued underthe Income-tax vo ” . Act, 1961,the-registered person shall not be eligible to opt for the schemeunder this sub-section unless all such registered persons opt to pay tax under this sub-section.”; (4) in sub-section (3), after the words, brackets and figure “under sub- section (1)” at both the places where they occur, the words, brackets, -figure and letter “or sub-section (2A), as the case may be,” Shall be inserted. : . (5) in sub-section (4), after the words, brackets and figure “of sub- section (1)”, the words, brackets,figure and letter “or, as the case may be, sub-section (2A)”shall be inserted, . (6) in sub-section (5),after the words, brackets and figure, “under sub- section (1)”, the words, brackets, figure andletter “orsub-section (2A), as the case maybe,”shall be inserted. (7) after sub-section (5), the following Explanations shalll be inserted, namely:— . “Explanation 1.—Forthe purposes ofcomputing aggregate turnover of a person for determininghis eligibility to pay tax under this ° section, the expression “aggregate tumover” shall include the value of supplies made by such person from the Ist day of April of a financial year up to the date when he becomes liable for registration under this Act, but shall not include the value of exempt supply of services provided by way of extending deposits, loans or advances in so far as the consideration is represented by way ofinterest or discount. . . . Amendment of section 22. Amendment of section 25. -32 Explanption 2—For the purposes ofdetermining the tax payable by ‘a person under this section, the expression “turnoverin State” shall not includethe value offollowing‘Supplies, namely:— (i) supplies from thefirst day ofApril ofa financial year up to the date when such person becomes liable for registration under this Act; and (ii) ¢ supply of services provided by way of extending . its, loaris' or advances in so far as the consideration is represented by wayof interest or discount.’. 4.In n 22 ofthe principal Act, in sub-section ‘(),after the :second proviso, the following shall be inserted, namely:— “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 . even ifhe 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.”. 5.In section 25ofthe principal Act, after sub-sectionn(6), the following sub-sections shall be inserted, namely:— _ (6A) Every registered person shall undergd’ authentication, or: furnigh proof ofpossession ofAadhaar number, in ‘such form and mander and within such time as may be prescribed: Provided that if ‘an Aadhaar number is not assigned to the registered person, such personshall be offered altemate and viable meansofidentification in such manner as Governmentmay,on the endations ofthe Council, prescribe: * ish alternate and viable means ofidentification, registration to such person shall be deemed to be invalid and the other provisions ofthis Act shall apply as ifsuch person does not have a registration. (6B) On and from the dateofnotification, every individual shall, in- order to be eligible for grant of registration, undergo authentication, or furnish proofof possession of Aadhaar number, in such manner as the Government may, on the.recommendations of Council, specify in the ‘said notification: vided that if an Aadhaar number is not assigned'to an individual, such individual shall be offered alternate and viable of identification in such manner as the Government may, on the |recommendations of the Council, specily in the. said notification. «ec On andfrom the date ofnotification, every person, other than jividual, shall;in order to be eligible for grantofregistration, . undergo authentication, or furnish proofof possession of Aadhaar Insertion ofnew section 31A. Amendment of section 39. -4- number ofthe Karta, ManagingDirector, whole time Director, such number of partners, Members of Managing Committee of Association, Board of Trustees, authorised representative, authorised signatory and such other class of Persons, in such manner, as the Government may, on the recommendations of the Council, specify in the said notification: - Provided that where such Person or class of persons have not been assigned the Aadhaarnumber, such Person or class ofpersons shall be offered alternate and viable means ofidentification in such manner as the Government may, on the recommendations of the Council, specify in the said notification. (6D) Theprovisions of‘sub-section (6A) or sub-section (6B) or sub- section (6C) shall not apply to such person or class ofpersons or Part ofthe State, as the Government may,on the recommendations ofthe Council, Specify by notification, Explanation—Forthe Purposes of this section, the expression jAadhaar number” shall have the same meaning as assigned ton in clause (a) of section 2 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016.”, .