The Finance Department, Maharashtra on October 07, 2024, issued the Maharashtra Goods and Services Tax (Amendment) Ordinance, 2024 to further amend the Maharashtra Goods and Services Tax Act, 2017.
The following has been amended namely: -
• Section 2 which states “Definitions” the clause (61) shall be substituted namely: -
"(61) "Input Service Distributor" means an office of the supplier of goods or services or both which receives tax invoices towards the receipt of input services, including invoices in respect of services liable to tax under sub-section (3) or sub-section (4) of section 9, for or on behalf of distinct persons referred to in section 25, and liable to distribute the input tax credit in respect of such invoices in the manner provided in section 20;".
• The following section 11A has been inserted namely: -
“Notwithstanding anything contained in this Act, if the Government is satisfied that,-
(a) a practice was, or is, generally prevalent regarding levy of State tax (including non-levy thereof) on any supply of goods or services or both; and
(b) such supplies were, or are, liable to,-
(i) State tax, in cases where according to the said practice, State tax was not, or is not being, levied, or
(ii) a higher amount of State tax than what was, or is being, levied, in accordance with the said practice”
• Section 20 which states “Manner of distribution of credit by Input Service Distributor” has been substituted namely: -
“Any office of the supplier of goods or services or both which receives tax invoices towards the receipt of input services, including invoices in respect of services liable to tax under sub-section (3) or sub-section (4) of section 9, for or on behalf of distinct persons referred to in section 25, shall be required to be registered as Input Service Distributor under clause (viii) of section 24 and shall distribute the input tax credit in respect of such invoices”
A. Section 1 shall come into force on October 07, 2024
B. Remaining sections shall come into force on such date, with prospective or retrospective effect, as the Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Ordinance and any reference in any such provision to the commencement of this Ordinance shall be construed as a reference to the coming into force of that provision.
[Notification No. MAHENG/2009/35528]
