Goa GST
Bill provides for levy of Goa GST on all intra-State supplies of goods and / or
services except supply of alcoholic liquor for human consumption; Bill seeks to
broadbase ITC by making it available in respect of taxes paid on any supply of
goods and / or services used or intended to be used in course or furtherance of
business; Bill further imposes obligation on e-commerce operators to collect
tax at source at 1% of net value of taxable supplies, out of payments to
suppliers supplying goods / services through their portals; Also provides for
self-assessment of taxes payable by registered person, conduct of audit to
verify compliance with provisions, and recovery of arrears of tax using modes
including detaining and sale of goods, movable and immovable property of
defaulting taxable person; Anti-profiteering clause ensures that business
passes on benefit of reduced tax incidence on goods / services to consumers :
Goa GST Bill 2017
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