Goods and Services Tax – GST – Dated:- 8-8-2018 – AS INTRODUCED IN LOK SABHA Bill No. 144 of 2018 THE INTEGRATED GOODS AND SERVICES TAX (AMENDMENT) BILL, 2018 A BILL further to amend the Integrated Goods and Services Tax Act, 2017. BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:- Short title and commencement 1. (1) This Act may be called the Integrated Goods and Services Tax (Amendment) Act, 2018. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. Amendment of section 2 2. In section 2 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) (hereinafter referred to as the principal Act),- (i) in clause (6), in sub-clause (iv), after the
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the principal Act, in sub-section (2), in Explanation 1, in clause (iii), the words, being a business vertical shall be omitted. Amendment of section 12. 5. In section 12 of the principal Act, in sub-section (8), the following proviso shall be inserted, namely:- Provided that where the transportation of goods is to a place outside India, the place of supply shall be the place of destination of such goods. . Amendment of section 13 6. In section 13 of the principal Act, in sub-section (3), in clause (a), for the second proviso, the following proviso shall be substituted, namely:- Provided further that nothing contained in this clause shall apply in the case of services supplied in respect of goods which are temporarily imported into India for repairs or for any other treatment or process and are exported after such repairs or treatment or process without being put to any use in India, other than that which is required for such repairs or treatment or process; . Amendment of section 17.
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for levy and collection of tax on inter-State supply of goods or services or both by the Central Government. 2. The Act makes certain provisions for smooth transition of existing taxpayers to new goods and services tax regime. However, the new tax regime has been facing certain difficulties in respect of matters relating to supply of taxable goods or services by a supplier, who is not registered and in facilitating the settlement of balance in the integrated tax account between the Central Government and the State Governments. In order to overcome these difficulties and to improve the ease of doing business for taxpayers and to extend the export related benefits to certain specific supplies, it is proposed to amend the Integrated Goods and Services Tax Act, 2017. 3. The proposed Integrated Goods and Services Tax (Amendment) Bill, 2018, inter alia provides for the following, namely:- (i) to amend section 5 of the Act empowering the Central Government to notify classes of registered per
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dated 6th August, 2018 from Shri Piyush Goyal, Minister of Finance to the Secretary General, Lok Sabha] The President, having been informed of the subject matter of the Integrated Goods and Services Tax (Amendment) Bill, 2018, recommends the introudction of the Integrated Goods and Services Tax (Amendment) Bill, 2018, to the Lok Sabha under clauses (1) and (3) of the article 117 read with clause (1) of article 274 of the Constitution of India, and also recommends to Lok Sabha the consideration of the Bill. FINANCIAL MEMORANDUM The proposed Integrated Goods and Services Tax (Amendment) Bill, 2018 does not involve any recurring or non-recurring expenditure from the Consolidated Fund of India ANNEXURE EXTRACTS FROM THE INTEGRATED GOODS AND SERVICES TAX ACT, 2017 (13 OF 2017) * * * * Definitions. 2. In this Act, unless the context otherwise requires,- * * * * * (6) export of services means the supply of any service when,- * * * * * (iv) the payment for such service has been received by the
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is not registered, to a registered person shall be paid by such person on reverse charge basis as the recipient and all the provisions of this Act shall apply to such recipient as if he is the person liable for paying the tax in relation to the supply of such goods or services or both. * * * * * Intra-State supply 8. (1)* * * * * (2) Subject to the provisions of section 12, supply of services where the location of the supplier and the place of supply of services are in the same State or same Union territory shall be treated as intra-State supply: Provided that the intra-State supply of services shall not include supply of services to or by a Special Economic Zone developer or a Special Economic Zone unit. * * * * * Explanation 1.-For the purposes of this Act, where a person has,- * * * * * (iii) an establishment in a State or Union territory and any other establishment being a business vertical registered within that State or Union territory, then such establishments shall be treated
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