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Taxation Assam Ministry of Finance Assam Goods and Services Tax Act, 2017

Issuance of Assam Goods and Services Tax (Amendment) Act, 2023

09-Oct-2023 | LGL.179/2017/202

Government of Assam has issued Assam Goods and Services Tax (Amendment) Act, 2023.

The key highlights are:

1. A registered person shall not be allowed to furnish a return for a tax period after the expiry of a period of three years from the due date of furnishing the said return. Provided that the Government may, on the recommendations of the Council, by notification, subject to such conditions and restrictions as may be specified therein, allow a registered person or a class of registered persons to furnish the return for a tax period, even after the expiry of the said period of three years from the due date of furnishing the said return.

2. Online gaming means offering of a game on the internet or an electronic network and includes online money gaming.

3. Online money gaming means online gaming in which players pay or deposit money or money's worth, including virtual digital assets, in the expectation of winning money or money's worth, including virtual digital assets, in any event including game, scheme, competition or any other activity or process, whether or not its outcome or performance is based on skill, chance or both and whether the same is permissible or otherwise under any other law for the time being in force.

For detailed information, please refer to the attached document.

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