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Panaji, 17th Octobber, 2019 (Asvina 25, 1941)
SERIES I No. 29
Reg. No. G-2/RNP/GOA/32/2018-2020
RNI No. GOAENG/2002/6410
PUBLISHED BY AUTHORITY
GOVERNMENT OF GOA
Department of Finance
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. 1-45-2005/Fin
(DMU)/572 dated April 25, 2017 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
Suggestions are welcomed on e-mail: dir–[email protected]
EXTRAORDINARY
(PDO) Fort, Mumbai - 400 001 by auction in
the manner as prescribed in paragraph 6.1
of the General Notification No. 1-45-2005/Fin
(DMU)/572 dated April 25, 2017 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 October 22, 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 October 22, 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.
OFFICIAL GAZETTE — GOVT. OF GOA
SERIES I No. 29
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17TH OCTOBER, 2019
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(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
October 23, 2019.
Method of Payment
6. Successful bidders will make payments
on October 23, 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
October 23, 2019.
Date of Repayment
8. The loan will be repaid at par on
October 23, 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 April 18 and
October 23.
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
Act, 1949. The stocks will qualify for the ready
forward facility.
By order and in the name of the Governor
of Goa.
Puneet Kumar Goel, Secretary (Finance).
Porvorim, 17th October, 2019.
———ttt———
Department of Law & Judiciary
Legal Affairs Division
__
Notification
8/1/2019/LA
The Goa Motor Vehicles Tax (Amendment) Ordinance, 2019 (Ordinance No. 1 of 2019),
which has been promulgated by the Governor of Goa on 17-10-2019, is hereby published for
general information of the public.
D. S. Raut Dessai, Joint Secretary (Law).
Porvorim, 17th October, 2019.
————
The Goa Motor Vehicles Tax (Amendment) Ordinance, 2019
(Ordinance No. 1 of 2019)
Promulgated by the Governor of Goa in the Seventieth Year of the Republic of India.
An Ordinance further to amend the Goa, Daman and Diu Motor Vehicles Tax Act, 1974
(Act No. 8 of 1974).
OFFICIAL GAZETTE — GOVT. OF GOA
SERIES I No. 29
(EXTRAORDINARY)
17TH OCTOBER, 2019
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Whereas, the Legislative Assembly of Goa is not in session and the Governor of Goa is satisfied
that circumstances exist which render it necessary for her to take immediate action.
Now, therefore, in exercise of the powers conferred by clause (1) of Article 213 of the
Constitution of India, the Governor of Goa is pleased to promulgate the following Ordinance,
namely:—
1. Short title and commencement.— (1) This Ordinance may be called the Goa Motor Vehicles
Tax (Amendment) Ordinance, 2019.
(2) It shall come into force at once and remain in force till 31st December, 2019.
2. Amendment of Schedule.— In the Schedule appended to the Goa, Daman and Diu Motor
Vehicles Tax Act, 1974 (Act No. 8 of 1974), in PART ‘B’, for item (B), the following item shall be
substituted, namely:—
“
(B) At the time of registration of new vehicle:
(1) Motor cycle/Motor scooter/Auto rickshaw,
irrespective of it’s horse power, whose cost does
not exceed Rs. 1.50 lakhs
(2) Motor cycle, irrespective of its horse power, whose
cost exceeds Rs. 1.50 lakhs but does not exceed
Rs. 3.0 lakhs
(3) Motor cycle, irrespective of its horse power, whose
cost exceeds Rs. 3.0 lakhs
(4) Tricycle, for every 25 kgs. weight or part thereof.
(5) Motor vehicles belonging to the individuals
(6) Motor vehicles belonging to the partnership firm
and limited companies with share capital of less
than Rs. 50 lakhs
4.5 % of the cost of the Motor cycle/Motor
scooter/Auto rickshaw.
6 % of the cost of the Motor cycle.
7.5 % of the cost of the Motor cycle.
Rs. 75/-.
(i) 4.5 % of the cost of the vehicle, where cost of
vehicle does not exceed Rs. 6 lakhs.
(ii) 5.5% of the cost of the vehicle, where cost of
vehicle exceeds Rs. 6 lakhs but does not
exceed Rs. 15 lakhs.
(iii) 6.5 % of the cost of the vehicle, where cost of
vehicle exceeds Rs. 15 lakhs but does not
exceed Rs. 35 lakhs.
(iv) 7 % of the cost of the vehicle, where cost of
vehicle exceeds Rs. 35 lakhs
(i) 5 % of the cost of the vehicle, where cost of
vehicle does not exceed Rs. 6 lakhs.
(ii) 6 % of the cost of the vehicle, where cost of
vehicle exceeds Rs. 6 lakhs but does not
exceed Rs. 15 lakhs.
(iii) 7 % of the cost of the vehicle, where cost of
vehicle exceeds Rs. 15 lakhs but does not
exceed Rs. 35 lakhs.
(iv) 7.5 % of the cost of the vehicle, where cost of
vehicle exceeds Rs. 35 lakhs.
OFFICIAL GAZETTE — GOVT. OF GOA
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(i) 5 % of the cost of the vehicle, where cost of
vehicle does not exceed Rs. 6 lakhs.
(ii) 6.5 % of the cost of the vehicle, where cost of
vehicle exceeds Rs. 6 lakhs but does not exceed
Rs. 15 lakhs.
(iii) 7.5 % of the cost of the vehicle, where cost of
vehicle exceeds Rs. 15 lakhs but does not
exceed Rs. 35 lakhs.
(iv) 8 % of the cost of the vehicle, where cost of
vehicle exceeds Rs. 35 lakhs.
(7)
Any other motor vehicle not covered under
clauses (5) and (6)
www.goaprintingpress.gov.in
Printed and Published by the Director, Printing & Stationery,
Government Printing Press,
Mahatma Gandhi Road, Panaji-Goa 403 001.
PRICE – Rs. 4.00
PRINTED AT THE GOVERNMENT PRINTING PRESS, PANAJI-GOA—249/360—10/2019.
Note: In case where the registration of an old four wheeler vehicle, which is more than 15 years old, is
cancelled; adjustment of the Motor Vehicle Tax paid on the old vehicle against registration of a new vehicle
shall be allowed, subject to the production of certificate to this effect from the concerned registering
authority.”
Place: Raj Bhavan,
MRIDULA SINHA
Dona Paula, Goa.
Governor of Goa.
Date: 17-10-2019.