The Government of Karnataka on August 01, 2023, issued the Karnataka Goods and Services Tax (Amendment) Act, 2023 to further amend the Karnataka Goods and Services Tax Act, 2017.
The following has been stated namely: -
• Section 37 which states “Furnishing details of outward supplies” the following has been inserted namely: -
“(5) A registered person shall not be allowed to furnish the details of outward supplies under sub-section (1), for a tax period after the expiry of a period of three years from the due date of furnishing the said details: Provided that, the Government may, on the recommendations of the Council, by notification, subject to such conditions and restrictions as may be specified therein, allow a registered person or a class of registered persons to furnish the details of outward supplies for a tax period under sub-section (1), even after the expiry of the said period of three years from the due date of furnishing the said details."
• Section 39 which states, “Furnishing of returns” has the following sub-section (11) inserted namely: -
“A registered person shall not be allowed to furnish a return for a tax period after the expiry of a period of three years from the due date of furnishing the said return: Provided that, the Government may, on the recommendations of the Council, by notification, subject to such conditions and restrictions as may be specified therein, allow a registered person or a class of registered persons to furnish the return for a tax period, even after the expiry of the said period of three years from the due date of furnishing the said return.”
• Section 122 which states “Penalty for certain offences” the following sub-section (1B) has been inserted namely: -
“Any electronic commerce operator who—
(i) Allows a supply of goods or services or both through it by an unregistered person other than a person exempted from registration by a notification issued under this Act to make such supply;
(ii) Allows an inter-State supply of goods or services or both through it by a person who is not eligible to make such inter-State supply
(iii) Fails to furnish the correct details in the statement to be furnished under sub-section (4) of section 52 of any outward supply of goods effected through it by a person exempted from obtaining registration under this Act.
The Act shall come into force on such date as the Government of Karnataka may, by notification in the Official Gazette, appoint
[Notification No. 366]
