Dimapur, March 18 (MExN): Office of the Commissioner of State Taxes has informed in a circular that the Nagaland Goods and Service Tax Act, 2017 has been implemented in the state since July 2017.
The Nagaland Goods and Service Tax Act, 2017 stipulates that every person making a taxable supply of goods or services or both in the State shall be liable for registration of the business under the Act, if the aggregate turnover in a financial year exceeds 20 lakh rupees. (Section 22 of the said Act).
Further, the Act stipulates that every person making any inter-state taxable supply shall compulsorily be required to be registered under the Act irrespective of whether the aggregate turnover in a financial year exceeds 20 lakh rupees or not. (For details refer Section 24 of the Act).
Under Section 2 (84) the Act, person, inter alia, includes:
• Any corporation established by or under any Central Act, State Act or Provincial Act or a Government company as defined in clause (45) of section 2 of the Companies Act, 2013
• A co-operative society registered under any law relating to co-operative societies
• A local authority
• Central Government or a State Government
All concerned have been impressed upon to comply with the provisions of the Act. The District Tax Offices may be contacted for any assistance and support for GST compliance. You may visit nagalandtax.nic.in or/and send mail to cotgon@rediffmail.com for queries.
