353
Panaji, 5th July, 2019 (Asadha 14, 1941)
SERIES I No. 14
Reg. No. G-2/RNP/GOA/32/2018-20
RNI No. GOAENG/2002/6410
PUBLISHED BY AUTHORITY
Suggestions are welcomed on e-mail: dir–[email protected]
GOVERNMENT OF GOA
Department of Finance
Revenue & Control Division
——
Notification
38/1/2017-Fin(R&C)
Removal of Difficulty Order No. 06/2019-
-State Tax
Whereas, sub-section (1) of section 44 of
the Goa Goods and Services Tax Act, 2017
(Goa Act 4 of 2017) (hereafter in this order
referred to as the said Act) provides that every
registered person, other than an Input Service
Distributor, a person paying tax under section
51 or section 52, a casual taxable person and
a non-resident taxable person, shall furnish
an annual return for every financial year
electronically in such form and manner as may
be prescribed on or before the thirty-first day
of December following the end of such
financial year;
And whereas, for the purpose of furnishing
of the annual return electronically for every
financial year as referred to in sub-section (1)
of section 44 of the said Act, certain technical
problems are being faced by the tax payers as
a result whereof, the said annual return for the
period from the 1st July, 2017 to the 31st
March, 2018 could not be furnished by the
registered persons, as referred to in the said
sub-section (1) and because of that, certain
difficulties have arisen in giving effect to the
provisions of the said section.
Now, therefore, in exercise of the powers
conferred by section 172 of the Goa Goods and
Services Tax Act, 2017, the Government of
Goa, on recommendations of the Council,
hereby makes the following order, to remove
the difficulties, namely:––
1. Short title.–– This order may be called the
Goa Goods and Services Tax (Sixth
Removal of Difficulties) order, 2019.
2. In section 44 of the Goa Goods and
Services Tax Act, 2017, in the Explanation, for
the figures, letters and word “30th June,
2019”, the figures, letters and word “31st
August, 2019” shall be substituted.
This order shall deemed to have come into
force with effect from the 28th June, 2019.
By order and in the name of the Governor
of Goa.
Sunil Masurkar, Additional Secretary
Finance (R&C).
Porvorim, 4th July, 2019.
EXTRAORDINARY
No. 2
OFFICIAL GAZETTE — GOVT. OF GOA
SERIES I No. 14
(EXTRAORDINARY No. 2)
5TH JULY, 2019
354
Debt Management Division
__
Notification
5-6-2019-Fin(DMU)
Government of Goa hereby notifies the sale
of Goa Government Stock (Securities) of
10-year tenure for an aggregate amount of
Rs. 100.00 crore (Nominal). The sale will be
subject to the terms and conditions spelt out
in this notification (called specific notification)
as also the terms and conditions specified in
the General Notification No. 5/2/2010-Fin (DMU)
dated July 18, 2007 of Government of Goa.
Object of the Loan
1. (i) The proceeds of the loans will be
utilized for financing capital expenditure
in connection with the development
programmes of the Government of Goa.
(ii) Consent of Central Government has
been obtained to the floatation of this loan as
required by Article 293(3) of the Constitution
of India.
Method of issue
2. Government stock will be sold through
the Reserve Bank of India, Mumbai Office
(PDO) Fort, Mumbai - 400 001 by auction in
the manner as prescribed in paragraph 6.1
of the General Notification No. 5/2/2010/Fin
(DMU) dated July 18, 2007 at a coupon rate
to be determined by the Reserve Bank of
India at the yield based auction under
multiple price formats.
Allotment to Non-competitive Bidders
3. The Governments stock up to 10% of the
notified amount of the sale will be
allotted to eligible individuals and institutions
subject to a maximum limit of 1% of the
notified amount for a single bid as per the
Revised Scheme for Non-competitive Bidding
Facility in the Auctions of State Government
Securities of the General Notification
(Annexure II).
Place and Date of Auction
4. The auction will be conducted by the
Reserve Bank of India, at its Mumbai Office,
Fort, Mumbai 400 001 on July 09, 2019. Bids
for the auction should be submitted in
electronic format on the Reserve Bank of
India Core Banking Solution (E-Kuber) system
as stated below on July 09, 2019.
(a) The competitive bids shall be
submitted electronically on the Reserve
Bank of India Core Banking Solution
(E-Kuber) system between 10:30 a.m. and
12:00 p.m.
(b) The non-competitive bids shall be
submitted electronically on the Reserve
Bank of India Core Banking Solution
(E-Kuber) system between 10.30 a.m. and
11.30 a.m.
Result of the Auction
5. The result of the auction shall be
displayed by the Reserve Bank of India
on its website on the same day. The
payment by successful bidders will be on
July 10, 2019.
Method of Payment
6. Successful bidders will make payments
on July 10, 2019 before close of banking hours
by means of cash, bankers’ cheque/
/pay order, demand draft payable at Reserve
Bank of India, Mumbai/Mumbai or a cheque
drawn on their account with Reserve Bank
of India, Mumbai (Fort)/Mumbai.
Tenure
7. The stock will be of 10-year tenure. The
tenure of the stock will commence on
July 10, 2019.
Date of Repayment
8. The loan will be repaid at par on July
10, 2029.
Rate of Interest
9. The cut-off yield determined at the
auction will be the coupon rate percent per
annum on the stock sold at the auction.
The interest will be paid on January 10 and
July 10.
OFFICIAL GAZETTE — GOVT. OF GOA
SERIES I No. 14
(EXTRAORDINARY No. 2)
5TH JULY, 2019
355
Eligibility of Securities
10. The investment in Government Stock
will be reckoned as an eligible Investment in
Government Securities by banks for the
purpose of Statutory Liquidity Ratio (SLR)
under section 24 of the Banking Regulation
www.goaprintingpress.gov.in
Printed and Published by the Director, Printing & Stationery,
Government Printing Press,
Mahatma Gandhi Road, Panaji-Goa 403 001.
PRICE – Rs. 3.00
PRINTED AT THE GOVERNMENT PRINTING PRESS, PANAJI-GOA—12/7/160—7/2019.
Act, 1949. The stocks will qualify for the ready
forward facility.
By order and in the name of the Governor
of Goa.
Daulat A. Hawaldar, Secretary (Finance).
Porvorim, 5th July, 2019.