section 12
Insertion of new section 53A - Transfer of certain amount
The Nagaland Goods and Services Tax (Amendment) Act, 2019Tax201921 sections
Statutory text
After section 53 of the Nagaland Goods and Services Tax Act, the following section shall be inserted, namely.— '53A. Where any amount has been transferred from the electronic cash ledger under this Act to the electronic cash ledger under the Central Goods and Services Tax Act or under the Integrated Goods and Services Tax Act and the Goods and Services Tax (Compensation to Stales) Act, the Government shall, transfer to the Central tax account or the Integrated tax account or cess account, an amount equal to the amount transferred from the electronic cash ledgers in such manner and vithin such time as may be prescribed.".
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