Governor signs Chhattisgarh Goods and Services Tax (Amendment) Bill

Governor signs Chhattisgarh Goods and Services Tax (Amendment) Bill

Raipur: Governor Anusuiya Uikey has signed the bill presented for the amendment in Chhattisgarh Goods and Services Tax Act 2017.

It is noteworthy that after GST was imposed, several issues surfaced in the new tax system. Chhattisgarh Goods and Services Tax 2017 includes a provision under which taxpayers have to get their accounts audited (by CA/audit expert), as a result the taxpayers (especially the small and the medium enterprises) have to bear the additional compliance expenses. Besides, there have been certain ambiguities in various provisions of this Act. Input Tax Credit provisions needs be made stricter.

Hence, decision regarding amendment in the Chhattisgarh Goods and Services Act 2017 was taken to reduce the compliance expenses and to remove the ambiguities in the provisions of the Act. In view of the decision taken by GST Council, Central Goods and Services Tax (Amendment) Act 2021 has been in force from March 28, 2021. Therefore, amendment on the same lines is also required to be made in Chhattisgarh Goods and Services Tax Act 2017. This is why Chhattisgarh Goods and Services Tax Act (Amendment) Bill was passed on December 15, 2021.