Analysis of SGST Bill as passed by Goa Assembly

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