Press Release

  Memo No.ERTS(T)98/2005/7-A Dated Shillong, the 19th September , 2005.

Copy forwarded to :-

 GOVERNMENT OF MEGHALAYA

EXCISE: REGISTRATION: TAXATION & STAMPS DEPARTMENT.

ORDERS BY THE GOVERNOR

N O T I F I C A T I O N

Dated Shillong, the 19th September, 2005.

No. ERTS(T)98/2005/6- Whereas representations have been received from the trade organization and others relating to genuine difficulties encountered by the trade and business community in the State in complying with the time limit for submission of periodical  returns and payment of taxes for the quarter ending 30.6.2005 as prescribed under Section 35 of the  Meghalaya Value Added Tax Act, 2003 (Act. 2 of 2005) read with Rule 30 of the Rules framed thereunder, rendering it difficult thereby to give consequential effect to the aforesaid provision of the Act.

            And whereas, the State government is satisfied that circumstances exist which render it necessary to remove such difficulties arising in giving effect to the provisions of the Act;

            Now, therefore, in exercise of powers, conferred by Section 114 of the Meghalaya Value Added Tax Act, 2003 (Act 2 of 2005), the Governor of Meghalaya is hereby pleased to extend the period for filing of returns  and payment of taxes for the quarter ending 30.6.2005  under Section 35 of the said Act read with Rule 30 of the Rules framed thereunder, upto 21st of September,2005.

            Provided that such extension of time shall not in any way affect the original time limit of twenty one days  as provided under Section 35 of the said Act, read with Rule 30 of the Rules framed thereunder,  in respect of  submission of returns and payment of taxes for the subsequent quarters.

            No interest or penalty as defined under Section 36(1)(f) and 36 (3) of the Act shall be levied if the dealer files his returns and pays the Taxes for the period ending 30.6.2005 within the extended period.

            This notification shall be deemed to come into force on the 21st day of July, 2005.

Memo No.ERTS(T)98/2005/6-A Dated Shillong, the 19th September , 2005.

Copy forwarded to :-

7. P.S. to Chief Minister, Meghalaya, Shillong.
8. P.S. to Dy. Chief  Minister, Meghalaya, Shillong.
9. P.S. to Minister I/C Taxation, Meghalaya, Shillong.
10. P.S. to Chief Secretary, to the Government of Meghalaya.
11. Commnr. Of Taxes, Meghalaya, Shillong w/r to his letter No.CTAS.10/2002/175/1916, dated 12/092005.
12. Hony. General Secretary, Frontier Chamber of Commerce, G.S. road, Shillong – 793002, Meghalaya.

GOVERNMENT OF MEGHALAYA

EXCISE, REGISTRATION, TAXATION & STAMPS DEPARTMENT.

ORDERS BY THE GOVERNOR

N O T I F I C A T I O N

Dated Shillong , the 30th April, 2005.

No.ERTS(T)41/94/Pt.VIII/2 - In exercise of the powers conferred by sub-section (3) of Section 1 of the Meghalaya Value Added Tax Act, 2003 ( Act. No.2 of 2005) read with sub-rule (2) of Rule 1 made thereunder, the Governor of Meghalaya hereby appoints the 1st day of May, 2005 as the date with effect from which the said Act shall come into force.

Sd/-( B. K. Dev Varma )
Principal Secretary to the Govt. of Meghalaya,
Excise, Registration, Taxation & Stamps Departmen

STATE VALUE ADDED TAX FROM 1ST APRIL, 2005.

Alongwith other States of the country, Meghalaya will implement the Value Added Tax (VAT) from April 1st next. The Meghalaya VAT Bill which was passed by the Meghalaya Legislative Assembly in March, 2003 has recently received the Presidential assent and duly notified on 4th March, 2005.

VAT, which will replace the existing Sales Tax, is expected to receive a good response as, in general, it will reduce tax burden and helps reduce prices. At the same time, being a multi-point Sales Tax, VAT will eliminate the cascading effect of the existing Sales Tax System by setting off the tax paid earlier at every stage of sale. Hence, manufacturers, wholesellers and retailers will be largely benefited by this set off given to them.

Small dealers will also have an option of paying VAT by composite method at a nominal rate of tax on the total turnover without any set off.

However, exemption of tax on the basis of turnover as well as exemption of tax on certain goods and commodities will still prevail under the VAT Regime. Moreover, with a view of giving incentive to International trade, export sales will be zero-rated under VAT with entitlement to refund for tax paid within the State.

In the light of all this, tax structure under VAT becomes simpler, more transparent and encourages voluntary compliance by the taxpayers.

KA VAT NADUH SHI TARIK APRIL, 2005.

Ka jylla Meghalaya ryngkat bad kiwei pat ki jylla ka ri, kan pyntreikam ia ka rukom shim khajna thymmai ba la tip kum ka Value Added Tax (VAT) naduh ka shi tarik u April jong kane ka snem. Kane ka VAT kan mih bujli noh ha ka jaka jong ka rukom lum khajna Sales Tax kaba ju trei kam baroh shikatta.

Ka Meghalaya VAT Bill ia kaba la dep mynjur bad pyllait (passed) da ka Meghalaya Legislative Assembly ha u March, 2003, ka la ioh ia ka jingkubur (assent) jong u President ka ri India dang shen bad la pynlong ain ia kane naduh ka 4 tarik mynta u bnai, 2005.

La khmihlynti ba kane ka VAT kan ioh ia ka jingpdiang jong ki nongkhaii bad kham pynduna ia ka dor ka mur jong ki mar ki mata na ka bynta uba bun ba lang. Ka rukom oh khajna ruh kan long kaba kham shai, kaba kham thikna bad kaba ryntih. Khamtam, ki nongpynmih ne nongshna ia ki tiar ki tar, ki nongdie-lang bad ki nongkhaii nokot kin ioh nong bad kham myntoi da ka jingwan ka VAT namarba ia ka khajna ba la siew ha ka por ba thied ia ki mar ban die yn ioh jingkhate noh na ka khajna kaba dei ban siew ha ka por ba die.

Ki nongkhaii kiba dang kham rit ha ka khaii ka pateng, lada dei kito kiba la hap ban siew khajna, kin lah ban shu siew kyllum ha ka por siew khajna. Kane kan pyllait ia ki na ka jinghap ban buh jingkhein ba bniah ia ka jingdie jingthied jong ki tangba kin ym ioh jingkhate eiei.

Ha ka VAT ki don ruh katto katne ki mar ki mata ki ban lait na ka jingoh khajna bad ki nongkhaii kiba ka jingdie jong ki ha ka shisnem ka long hapoh shilak tyngka bad kiba thied mar napoh jylla kin lait na ka jingoh khajna ha ka VAT.

Ka VAT ka pynshlur ruh ia ka khaii ka pateng shabar ri namar yn ym don jingoh khajna ia ka jingdie shabar ri ( zero-rated ).

A.DOKNI VALUE ADDED TAX BA GATDAPGIMIN LAPNI KOSAKO KAJINA RA.ANI SA TARIK APRIL 2005 ONI.

Meghalaya a.dokba a.songni gipin a.dokrang baksa apsan Value Added Tax ko sa tarik April,2005 oni a.bachengatgnok.Meghalayani Value Added Tax Bill- ko Meghalaya Legislative Assembly-o March,2003, ra.gatahachim aro mejamangmango A.songni Presidentni ku.mongpae soe on.aniko man.aha aro uko bilsi 2005 ni March-ni bri tariko parakataha.

VAT-koara da.o dongenggipa Sales Tax-ni pal bodileskagen aro pilaknin namnikaniko man.gen ine ka.dongsoenga, maina iara kajinanibalko komiatgen aro bosturangni damrangko komiatna dakchakgen. Apsan somoion dingtang dingtang gadango ra.gipa tax ba kajina on.ani gimin gatdapdapgipa Sales Tax ba pala sim.ani kajinarangoniko gadangantion watpilroroe grao dake jrimgipa obostarangoniko komiatgen. Uni gimin, bostu tarigiparang, gopgap palgiparang aro on.ti on.ti palkirotgiparang watpilrikrikpilanichi namgnirangko man.gen.

Chonchongipa bading- chiwalgiparangba VAT ko an.tangtangni namnikode dimdak dake nomgipa aro congipa kajinako niamni kri dongimin gita an.tangtangni pala- sima gimikoni bakko gamna man.gen indiba ia rokomo, watrikrikgipa cholko man.skajawa.

Indioba kajina jokani ba watani ( exemption of tax ) VAT niamni ningoba mitam mitam bosturango aro uamangni pala gimikoniba ari donsogiminko sokgijagiparangna donga. Una agreba a.songsa a.songgipinna pala botanirangkoba VATni ningo kajina ra.anirangko watgen aro a.songtango iandakgipa bosturangna kajina gamahoba ja.mano walpilaniko man.gen.

Ia gimiko nigope, kajinarangna VAT ni ningo nengrabatkalgen, jojrangjrang nikna man.gen aro tax ba kajinako gamgiparang pilakan kusi ong.e an.tangtangari ja.rikna man.gipa onggen.