No. F A-3-11-2019-1-V(27) dated 06.03.2019 - Seeks to supersede Removal of Difficulties Order No. 1/2017 - Central Tax dated 13.10.2017 in view of the amendment to Section 10 of the CGST Act, 2017 (regarding allowing registered persons opting for Composition Scheme to supply services up to a limit) coming into force w.e.f. 01.02.2019

?I.? 6 lffT.f2019 clit???; cfil"? ??; 2019 ! I No. F-A3-11-2019-1-V (27).- Bhopal, the 6th March 2019 WHEREAS, sub-section (1) of section 1.0 of the Madhya Pradesh Goods and Services Tax Act, 2017 (19 of 2017) (hereafter in this Order referred to as the said Act) provides that- (i) a registered personengaged in the supply of services, other than supplyof service referred to in clause (b) of paragraph 6 of Schedule II to the said Act, may opt for the scheme und?the · said sub-section; (ii) a person who opts for the saidscheme ??Ysupply services (other than those referred t? in clause (b) of paragraph 6 of Schedule Uto the said Act),of value not exceeding ten per cent. of turnover in a State in the preceding financial year or five lakh rupees, whichever is higher; AND WHEREAS, clause (a) of sub-section (2) of section 10 of the said Act provides that the registered person shall be eligible to opt under-sub-section (1), if, save as otherwise provided in sub-sectioru 1), he is not engaged in the supply of services; AND WHEREAS, rendering of services as part of the savings and investment practice of business, by way of extending deposits, loans or advances, in so far as the consideration is represented by way of interest or discount, is resulting in their ineligibility for the aforesaid scheme, causing hardships to a lot of small businesses and because of that,certain difficulties have arisen in ?ivingeffect to the provisions of section 1O; NOW, THEREFORE,in exercise of the powers conferred by section 172 of the Madhya PradeshGoods and Se1;icesTax Act, 2017 (No·.19 of 2017) and in supersession of the Madhya Pradesh Goods and Services Tax (Removal of.Difficulties) Order, 2017, No. F A-3- 71-2017-1-V (126)'.dated the 13111October, 2017, except asrespects things done or omitted to be done before such supersession.the State Government, on recommendations.of'the Council, hereby makes the followingOrder, namely:- 214 (2) .:r? ?. ? 6 .:rR 2019 I. Short title. -This Order may be called the Madhya Pradesh Goodsand Services Tax (Removal of Difficulties) Order, 2019. 2. For the removal of difficulties, -it is hereby clarified that the value of supply of exempt services by way of extending deposits, loans or advances in so far as the consideration is represented by way of interest or discount, shall not be taken into account- . (i) for determiningthe eligibility for composition scheme under second proviso to sub­ section (1) of section 10; (ii) in computing aggregate turnover in order to determine eligibility for composition scheme. 3. Thisorder shall deemed to have come into effect from.I" day of February, 2019. By order and in the name of the Governor of Madhya Pradesh, ARUN PARMAR, Dy. Secy.