- Circular: Goa VAT/CST/Entry tax etc.:
Clarification regarding Appeal for encouraging cashless transactions
The Goa Government (“the Government”) has informed that an appeal was made to the manufacturers, retailers, wholesalers etc. for encouraging cashless transactions by making use of other modes of payment/cash transactions like Point of Sale Machines, QR code recognition and payment devices, Swipe card enabled payment systems etc. vide Trade Circular No. 1 of 2016-17 dated November 30, 2016 (“Trade Circular No 1”).
Now, the Government vide Trade Circular – 2 of 2016-17 No. CCT/12-19/2015-16/4379 dated December 7, 2016 has in regard to Trade Circular No 1, clarified that the cash transactions have not been banned and Trade Circular No 1 is only an Appeal to facilitate the business on account of the problems faced by the Dealers/Hoteliers/Proprietors as well as customers/public at large pursuant to demonetisation. Further, it is clarified that it is an option and not compulsion to provide for electronic mode of payment.
Hence, the time limit of 10 days given in Trade Circular No 1, to registered dealers/ hoteliers/proprietors for ensuring that cashless modes of payment are available at respective place of business, would not apply for making available the other available modes of payments/ cash transfers like Point of Sale Machines, QR code recognition and payment devices, Swipe card enabled payment systems etc.
Further, the Government has instructed all the Commercial Tax Officers in-charge of each ward to submit a detailed report about the steps taken for encouraging cashless transaction and the response given by the dealers upto January 31, 2017 so as to make it easy for the Government to take further steps for encouraging cashless transactions.
Read more at: http://goacomtax.gov.in/uploads/file/170_FILE_Trade_Circular_2.pdf