THE GOA VALUE ADDED TAX ACT 2005 NOTIFICATIONS
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Body Notification No. 4/5/2005-Fin(R&C)(437) Dated 21st August, 2020.

In exercise of the powers conferred by clause (a) of sub-section (4) of section 25 of the Goa Value Added Tax Act, 2005 (Goa Act 9 of 2005) and all other powers enabling it in this behalf, the Government of Goa hereby notifies that the dealers specified in column (2) of the Table below who have not filed their return and the tax payable by them is due, for the months specified in column (3) of the Table below, on account of repeated lockdown and restrictions on business and movement of public due to COVID-19 pandemic, shall be liable to pay interest, on the tax due, at the rate specified in column (4), of the Table below, if such return and tax is paid on or before the 31st day of August, 2020:-

TABLE

Sr. No.	Class of dealer	Month	Rate of interest
(1)	(2)	(3)	(4)
1.	Registered dealers required to pay tax as per sub-rule (6) of rule 6 (Composition Dealers)	April, 2020 May, 2020 June, 2020 July, 2020	0%
2.	Registered dealers having turnover upto 5 crores in the preceding financial year and are required to pay tax as per sub-rule (1) and (2) of rule 24	April, 2020 May, 2020 June, 2020 July, 2020	0%

This Notification shall come into force with immediate effect.

Pranab G. Bhat,

Under Secretary, Finance (R&C).