Tamil Nadu Government Gazette Extraordinary No. 42
Tamil Nadu Government Gazette Extraordinary No. 42 publishes three actions issued by the Commercial Taxes and Registration Department of the Government of Tamil Nadu through Government Order Ms. No. 19, Government Order Ms. No. 20 and Government Order Ms. No. 22, all dated 1 February 2019. They correct an earlier notification, clarify how certain interest or discount income is treated for Goods and Services Tax composition scheme eligibility, and replace 31 January 2019 with 7 February 2019 for a specified electronic statement provision. Government Order Ms. No. 20 supersedes the Tamil Nadu Goods and Services Tax (Removal of Difficulties) Order, 2017, except for things already done or omitted before the supersession.
What the Gazette issue covers
Tamil Nadu Government Gazette Extraordinary No. 42 contains three separate actions from the Commercial Taxes and Registration Department of the Government of Tamil Nadu. Government Order Ms. No. 19, Government Order Ms. No. 20 and Government Order Ms. No. 22 are each dated 1 February 2019.
The Gazette issue concerns Goods and Services Tax notifications and does not set out changes to land ownership, property records or land registration procedures.
Correction to an earlier notification
Government Order Ms. No. 19 issues an erratum to Commercial Taxes and Registration Department Notification No. II(2)/CTR/1099(e-5)/2018, published in the Tamil Nadu Government Gazette Extraordinary dated 31 December 2018.
The correction is:
- At page 4, line 1, the words and number “List 32” must be read as “List 34”.
Composition scheme clarification
Government Order Ms. No. 20 makes the Tamil Nadu Goods and Services Tax (Removal of Difficulties) Order, 2019. It addresses registered persons whose savings and investment activities include extending deposits, loans or advances where the consideration is interest or discount.
The main provisions are:
- The value of exempt services involving deposits, loans or advances, where consideration is represented by interest or discount, is not counted when determining eligibility for the composition scheme under the specified proviso.
- The same value is not included when computing aggregate turnover to determine composition scheme eligibility.
- The order supersedes the Tamil Nadu Goods and Services Tax (Removal of Difficulties) Order, 2017, while preserving things done or omitted before the supersession.
This clarification is relevant to registered persons assessing whether these exempt financial services make them ineligible for the composition scheme.
Electronic statement date change
Government Order Ms. No. 22 makes the Tamil Nadu Goods and Services Tax (Second Removal of Difficulties) Order, 2019. It concerns operators required to submit electronic statements about supplies, returns and amounts collected.
The order replaces “31 January 2019” with “7 February 2019” in the Explanation to the specified electronic statement provision. The stated reason is that some operators faced technical issues obtaining registration on the common portal after collecting amounts for October, November and December 2018.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Does this Gazette issue change land ownership or property registration rules?
No land ownership, property record or land registration rule is set out in the source text. The Gazette issue deals with Goods and Services Tax notifications and a correction to an earlier Commercial Taxes and Registration Department notification.
Is interest from deposits, loans or advances counted for composition scheme eligibility?
Government Order Ms. No. 20 states that the value of exempt services involving deposits, loans or advances, where consideration is interest or discount, is not counted for the specified composition scheme eligibility test or for computing aggregate turnover for that eligibility.
What deadline-related date was changed for operators?
Government Order Ms. No. 22 replaces 31 January 2019 with 7 February 2019 in the Explanation to the specified electronic statement provision.
What correction was made to the earlier Gazette notification?
Government Order Ms. No. 19 directs readers to read “List 34” instead of “List 32” at page 4, line 1 of the earlier notification.
