CERTAIN AMENDMENTS TO THE TELANGANA GOODS AND SERVICES TAX ACT, 2017 (ACT.NO.23 OF 2017) STATE TAX

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THE TELANGANA GAZETTE

PART-I EXTRAORDINARY

PUBLISHED BY AUTHORITY

No. 121-D ] HYDERABAD, TUESDAY, JUNE 16, 2020.

NOTIFICATIONS BY GOVERNMENT

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REVENUE DEPARTMENT

(CT-II)

CERTAIN AMENDMENTS TO THE TELANGANA GOODS AND SERVICES TAX ACT, 2017 (ACT.NO.23 OF 2017) STATE TAX - RATES OF TAX ON GOODS AND SERVICES.

[G.O. Ms. No. 50, Revenue (CT-II), 16th June, 2020.]

No. 23/2018 - State Tax (Rate) :- In exercise of the powers conferred by sub-section (3) of Section 11 of the Telangana Goods and Services Tax Act, 2017 (Act. No. 23 of 2017), the State Government, on the recommendations of the Council, and on being satisfied that it is necessary so to do for the purpose of clarifying the scope and applicability of the notification No. 12/2017, issued in G.O. Ms. No. 110, Revenue (CT-II) Department, Dt.29-06-2017, published in Telangana Gazette Part-I, Extraordinary No. 191/A, Dt. 30-06-2017, hereby inserts the following Explanation in the said notification, in the Table, against serial number 41, in column (3), namely:-

"Explanation.- for the purpose of this exemption, the Central Government, State Government or

Union territory shall have 50 percent. or more ownership in the entity directly or through an

entity which is wholly owned by the Central Government, State Government or Union territory.".

This notification shall deemed to have come into force with effect from 20th September, 2018.

CERTAIN AMENDMENTS TO THE TELANGANA GOODS AND SERVICES TAX ACT, 2017 (TELANGANA ACT NO.23 OF 2017) -STATE TAX - RATES OF TAX ON GOODS AND SERVICES.

[G.O. Ms. No. 51, Revenue (CT-II), 16th June, 2020.]

No. 28/2019 - State Tax (Rate) :- In exercise of the powers conferred by sub-section (3) and sub-section (4) of Section 9, sub-section (1) of section 11, sub-section (5) of section 15 and section 148 of the Telangana Goods and Services Tax Act, 2017 (Telangana Act No. 23 of 2017), the State Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the notification No. 12/2017-State Tax (Rate), issued vide G.O. Ms No. 110, Revenue (CT-II) Department, Dt.29-06-2017, published in Telangana Gazette Part-I, Extraordinary No. 191/A, Dt. 30-06-2017 and as amended subsequently from time to time, namely:- G-163. 2 TELANGANA GAZETTE EXTRAORDINARY [Part-I

In the said notification, in the Table, against serial number 41,- (a) in column (3), for the figure "50", at both the places where they occur, the figure "20" shall be substituted; (b) for the entry in column (5), the following entries shall be substituted, namely,-

(5)
"Provided that the leased plots shall be used for the purpose for which they are allotted, that is, for industrial or financial activity in an industrial or financial business area : Provided further that the concerned department in the State shall monitor and enforce the above condition as per the order issued by the State Government in this regard: Provided also that in case of any violation or subsequent change of land use, due to any reason whatsoever, the original lessor, original lessee as well as any subsequent lessee or buyer or owner shall be jointly and severally liable to pay such amount of State Tax, as would have been payable on the upfront amount charged for the long term lease of the plots but for the exemption contained herein, along with the applicable interest and penalty: Provided also that the lease agreement entered into by the original lessor with the original lessee or subsequent lessee, or sub- lessee, as well as any subsequent lease or sale agreements, for lease or sale of such plots to subsequent lessees or buyers or owners shall incorporate in the terms and conditions, the fact that the State Tax was exempted on the long term lease of the plots by the original lessor to the original lessee subject to above condition and that the parties to the said agreements undertake to comply with the same.".

(5)

"Provided that the leased plots shall be used for the purpose for which they are allotted, that is, for industrial or financial activity in an industrial or financial business area : Provided further that the concerned department in the State shall monitor and enforce the above condition as per the order issued by the State Government in this regard: Provided also that in case of any violation or subsequent change of land use, due to any reason whatsoever, the original lessor, original lessee as well as any subsequent lessee or buyer or owner shall be jointly and severally liable to pay such amount of State Tax, as would have been payable on the upfront amount charged for the long term lease of the plots but for the exemption contained herein, along with the applicable interest and penalty: Provided also that the lease agreement entered into by the original lessor with the original lessee or subsequent lessee, or sub- lessee, as well as any subsequent lease or sale agreements, for lease or sale of such plots to subsequent lessees or buyers or owners shall incorporate in the terms and conditions, the fact that the State Tax was exempted on the long term lease of the plots by the original lessor to the original lessee subject to above condition and that the parties to the said agreements undertake to comply with the same.".

This notification shall deemed to have come into force with effect from 1st day of January, 2020.

AMENDMENT TO THE TELANGANA GOODS AND SERVICES TAX ACT, 2017 (ACT NO. 23 OF 2017) - WAIVER OF LATE FEE PAYABLE FOR FAILURE TO FURNISH RETURN IN FORM GSTR-1.

[G.O. Ms. No. 54, Revenue (CT-II), 16th June, 2020.]

In exercise of the powers conferred by Section 128 of the Telangana Goods and Services Tax Act, 2017 (Act.No.23 of 2017), the State Government and on the recommendations of the Council, hereby makes the following amendments in the notification issued in G.O.Ms. No.41, Rev (CT.II) Department, dated: 23.02.2018, namly:-

AMENDMENT

In the said notification, after the proviso, the following proviso shall be added, namely:-

"Provided further that the amount of late fee payable under Section 47 of the said Act shall stand waived for the registered persons who failed to furnish the details of outward supplies in FORM GSTR-1 for the months/quarters from July, 2017 to September, 2018 by the due date but furnishes the said details in FORM GSTR-1 between the period from 22nd December, 2018 to 31st March, 2019".

SOMESH KUMAR, Chief Secretary & Special Chief Secretary to Government.

——x—— Printed and Published by the Commissioner of Printing, Government of Telangana at Government Central Press, Hyderabad.