Government of Goa amends the rate of Tax for Goods mentioned in Schedules C and G of Goa Value Added Tax Act, 2005

Jan 18, 2019 | by Avantis RegTech Legal Research Team


The Commercial Taxes Department of Goa, on January 15, 2019, has made amendments to Schedules C and G of the Goa Value Added Tax Act, 2005, as follows:

        I.            In Schedule ‘C’ which gives the list of goods for which special rate of tax is levied, for the existing entries against serial numbers (1) to (7), the following entries shall be substituted, namely:—

“(1) Aviation Turbine fuel sold to an aircraft with a maximum take-off mass of less than forty thousand kilograms operated by scheduled airlines.

Explanation: For the purpose of this entry “scheduled airline” means the airlines which have been permitted by the Central Government to operate any scheduled air transport service.

5%

(2) Aviation Turbine Fuel other than covered by entry (1) above.

18%

(3) Motor spirit which is commonly known as petrol including ethanol blended petrol,—

(a) sold by public sector as well as private sector oil marketing companies to their authorized retail outlets within the State.

 

15%

(b) sold in the circumstances other than mentioned in clause (a) above.

20%

(4) High Speed Diesel Oil (HSD).

15%

(5) Piped Natural Gas for domestic use.

4%

(6) Re-gasified Liquefied Natural Gas.

12.5%

(7) Natural Gas other than covered by entries (5) and (6) above.

12.5%

(8) Petroleum Crude.

20%

(9) Foreign liquor and Beer as defined in the Goa Excise Duty Act, 1964 (Act 5 of 1964).

22%

(10) Indian made foreign liquor including Beer as defined in the Goa Excise Duty Act, 1964 (Act 5 of 1964).

22%”

      II.            In Schedule ‘G’ which gives list of goods on which no Input Tax Credit is admissible, for the existing entry against serial number (4), the following entry shall be substituted, namely:—

“(4) Natural Gas including Re-gasified Liquefied Natural Gas and Piped Natural Gas.”.

This Notification shall come into force on January 16, 2019.

[Notification 4/5/2005-Fin(R&C)/2100]

URL: http://goacomtax.gov.in/uploads/content/pdf/530_CI_O__G__Sr__I_No__41_Ext_111_pdf_pdf.pdf


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