Guwahati, July 14 (NKTV): Assam Finance Minister Ajanta Neog tabled four Bills on the third day of the Budget Session of the 15th Assam Legislative Assembly, seeking amendments.
The Bills are as stated below:
- The Assam Value Added Tax (Amendment) Bill, 2021 of which Clause 2 seeks to amend section 56 of The Assam value Added Tax Act by inserting a New sub-section (9) to provide an option of issuance of E-invoice with Digital Signature by the Dealers.
- The Assam Taxation (on Specified Lands) (Amendment) Bill, 2021 of which Clause 2 seeks to insert a New Section 7A for applicability of the provisions of Assam VAT Act, 2003, New Section 16A for Assam to issue Instruction with prior approval of the Government on E-Filing, E-payment etc.
- The Assam Electricity Duty (Amendment) Bill 2021 of which Clause 2 seeks to insert a New Section 12A with prior approval of the Government, on the Procedure of E-Filing of Returns, E-payment etc.
- Assam Agricultural Income Tax Bill 2021 of which Clause 2 seeks to amend Section 41 of the Assam Agricultural Income Tax Act, 1939 to increase the fine amount for late Filing of Return for enforcing compliance.