Jharkhand Value Added Tax (Amendment) Act, 2020

(Jharkhand Act No. 07, 2020)

An Act to amend Jharkhand Value Added Tax Act, 2005 (Jharkhand Act 05, 2006)

Be it enacted by the Legislature of Jharkhand in the seventy one year of the Republic of India as follows -

1. Short title, extent and commencement -

(1) This Act may be called the Jharkhand Value Added Tax (Amendment) Act, 2020.

(2) It shall extend to the whole of the State of Jharkhand.

(3) It shall be deemed to have come into force from 13th August, 2020.

2. Amendment in section 35 :

In sub- section (8) of the Section 35, a proviso shall be added in the following manner:-

"Further provided that for the assessment year 2016-17, the assessment under subsection (6) shall be made until 31st August, 2020."

3. Amendment in Section 39:-

In sub- section (1) of the Section 39, after first proviso, a proviso shall be added in the following manner:-

"Provided that for the assessment year 2014-15, the assessment under Section 37 or 38 can also be made after the expiry of five years till 31st August, 2020."

4. Amendment in Section 40:

In sub- section (4) of the Section 40, a proviso shall be added in the following manner-

provided that for the assessment year 2014-15 or part thereof, the assessment or re-assessment under sub-section (1) of Section 40 can also be made after the expiry of five years till 31st August, 2020."

5. Amendment in Section 42 :

(1) In sub- section (1) of the Section 42, a proviso shall be added in the following manner:-

"Provided that the prescribed authority may proceed to reassess the tax payable by the dealer in accordance with such judgment or order, which was to be reassessed until 31st March, 2020, till 31st August, 2020. "

(2) In the sub- section (2) of the Section 42, a proviso shall be added in the following manner:-

"Provided that, where any Court or Tribunal passes an order in appeal or revision to the effect that any tax assessed under this Act or the Central Sales Tax Act, 1956 should have been assessed under the provision of a law other than that under which it was assessed, then in consequence of such order or to give effect to any finding or direction contained in such order such turnover and part thereof, may be assessed or reassessed, as the case may be, to a tax at which it was to be assessed or reassessed notwithstanding the applicable limitation period until 31st March, 2020, till 31st August, 2020."

6. Amendment in Section 79:

In the sub- section (7) of the Section 79, a proviso shall be added in the following manner:-

"Provided that order under this section can be made, which was to be made until 31st March, 2020, till 31st August, 2020. "

7. Repeal and Saving:

The Jharkhand Value Added Tax (Amendment) Ordinance, 2020 is hereby repealed. Notwithstanding such repeal, all rules, orders and notifications published, proceedings and any other action taken in the exercise of powers conferred by or under the said Act shall be deemed to have been done or taken in exercise of power conferred by or under this Act, as if, this Act was in force on the day on which such thing were done or action taken.