Digital Goa, May 28 – Goa Chamber of Commerce & Industry (GCCI) has urged the state government to clarify VAT rules affecting liquor dealers, citing concerns with a recent Trade Circular under the Goa VAT Act, 2005. They emphasised that incentives and discounts are standard in the liquor industry and should not attract extra taxes. GCCI highlighted that the recent Goa GST Amendment Act effectively addressed concerns such as mitigating litigation, promoting ease of doing business, addressing long-standing tax disputes arising from past practices etc and called for a similar approach under the Goa VAT law. GCCI also urged that any legislative changes should apply prospectively and that longstanding past tax matters should be closed.
