Archive · 14 Jan 2026
Goa Amends VAT Bill for Small Dealers
The Goa government has introduced a new bill to make tax rules simpler for small shopkeepers.
This bill, called the Goa Value Added Tax (Amendment) Bill, 2026, was presented by the Chief Minister, Pramod Sawant.
The main changes include allowing small dealers to choose a special tax plan just once, instead of every year.
This plan lets them pay a fixed tax rate on their total sales.
The bill also sets a deadline of June 30, 2026, for certain tax settlement applications and introduces a two-year limit for filing tax refund claims.
Additionally, it strengthens the rights of dealers to appeal against certain tax orders.
The goal is to reduce the paperwork and make it easier for small businesses to comply with tax rules.
Goa government introduces the Goa Value Added Tax (Amendment) Bill, 2026 to ease compliance for small dealers.
Bill allows small dealers to opt for the composition scheme once, valid until voluntary opt-out or ineligibility.
Dealers under Schedule E with turnover within limits can pay a fixed tax rate on total turnover.
Deadline for filing fresh settlement applications set for June 30, 2026.
Two-year limitation period introduced for filing VAT refund applications.
- Who
- Goa government, small dealers, Chief Minister Pramod Sawant
- What
- Introduction of the Goa Value Added Tax (Amendment) Bill, 2026
- When
- January 14, 2026
- Where
- Goa Legislative Assembly
- Why
- To ease compliance for small dealers and promote ease of doing business
- Bill Name
- Goa Value Added Tax (Amendment) Bill, 2026
- Introduced By
- Chief Minister Pramod Sawant
- Date Introduced
- January 14, 2026
- Composition Scheme Validity
- Until voluntary opt-out or ineligibility
- Deadline for Settlement Applications
- June 30, 2026
- Refund Claim Period
- Two years from the close of the financial year