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Taxation Tripura Ministry of Finance Tripura State Goods and Services Tax Act, 2017

Issuance of Tripura State Goods and Services Tax (Second Amendment) Rules, 2022

02-Dec-2022 | NO.F.1-11(91)-TAX/GST/2022/Part

The Finance Department, Tripura has issued Tripura State Goods and Services Tax (Second Amendment) Rules, 2022, which will come into effect from 1st October, 2022. The following amendments have been made under Tripura State Goods and Services Tax Rules, 20l7: - i. Being a registered person required to file return under section 39(1) for each month or part thereof has not furnished returns for a continuous period of 6 months. ii. Being a registered person required to file return under proviso to section 39(1) for each quarter or part thereof has not furnished returns for a continuous period of two tax periods. iii. A registered person, who has availed of input tax credit on any inward supply of goods or services or both, other than the supplies on which tax is payable on reverse charge basis, but fails to pay to the supplier thereof the amount towards the value of such supply along with the tax payable thereon, within the time limit specified in the second proviso to section 16(2), shall pay of amount equal to the input tax credit availed in respect of such supply along with interest payable thereon under section 50, while furnish the return in FORM GSTR 3B for the tax period immediately following the period of 180 days from the date of the issue of the invoice. iv. Rule 69,70,71,72,73,74,75,76,77 and 79 has been omitted. For more details, please refer the attached document.

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