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Taxation Goa Ministry of Finance Goa Value Added Sales Tax Act, 2005

Procedure for Registration under the Goa Value Added Tax (Second Amendment) Act, 2023

10-Oct-2023 | CCT/26-2/2023-24/2280

Government of Goa has issued a Notification regarding Procedure for Registration under the Goa Value Added Tax (Second Amendment) Act, 2023.

In accordance with the provisions of the Goa Value Added Tax (GVAT) Act, 2005, a new procedure for registration has been established through the Second Amendment Act of 2023.

The application for new registration under the GVAT Act is to be completed online via Form VAT-I. This application should be submitted after the payment of the prescribed registration fee, which is Rs. 2,000/-. The application can be filed by visiting the portal https://vat.goa.gov.in/comtax/. After the online application, a printed acknowledgment must be obtained, signed, verified, and submitted along with copies of the necessary documents.

This submission should be made at the inward counter of the local ward office that has jurisdiction over the principal place of business. This must be done within 30 days of filing the online application. The addresses of the ward offices can be found in the Citizens Charter published on https://goagst.gov.in. For detailed information, please refer to https://goagst.gov.in/PDF/gst_citizen_charter.pdf.

Benefits of Registration:
Upon successful registration, a dealer becomes eligible for Input Tax Credit on goods held in stock, provided they were purchased within 3 months prior to the date of registration. This is in accordance with Section 9(4) of the GVAT Act.

Mandatory Registration:
As per the recent amendment, every person involved in the trade of 'goods' as defined under the said Act, including alcoholic liquor meant for human consumption, is obligated to register under the GVAT Act. This registration must be completed within a period of 90 days, i.e., by 20-12-2023. This requirement applies regardless of the person's turnover of sales.

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