Manipur GST Bill expands taxable goods to include un-denatured alcohol

This Bill amends the Manipur Goods and Services Tax Act, 2017 to update tax rules, including expanding the definition of taxable alcoholic products, allowing the government to waive tax on supplies where non-levy was a general practice, and introducing a new procedure for determining tax for financial years 2024-25 onwards.

Registered persons (businesses) in Manipur, suppliers and recipients of goods and services, and the Government of Manipur.

• Expands the definition of taxable goods to include un-denatured extra neutral alcohol or rectified spirit used for manufacturing alcoholic liquor.
• Inserts a new section (11A) allowing the Government to direct that State tax not be paid on supplies where non-levy or short-levy was a generally prevalent practice.
• Amends rules for determining the time of supply to include the date of invoice issuance by the recipient where applicable.
• Provides specific deadlines for claiming input tax credit for invoices from Financial Years 2017-18 to 2020-21 (up to Nov 30, 2021) and for cases where registration cancellation is revoked.
• Limits the applicability of sections 73 and 74 (determination of tax) to periods up to Financial Year 2023-24.
• Inserts a new section (74A) for determining tax not paid, short paid, or erroneously refunded for Financial Year 2024-25 onwards, with a notice period of 42 months and specific penalty structures (10% of tax due or Rs. 10,000, whichever is higher, for non-fraud cases; full tax amount for fraud).
• Mandates that persons summoned for examination must attend and state the truth.
• Prohibits refunds of unutilised input tax credit on zero-rated supplies if export duty is charged on those goods.
• Requires registered persons deducting tax at source to file monthly returns electronically, even if no deductions were made.

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