Mumbai : The Maharashtra Government on Monday introduced the Maharashtra Goods and Services Tax (Amendment) Bill, 2026 in the Legislative Assembly to align the state’s GST law with amendments made in the Central GST Act following recommendations of the GST Council.
The Bill, introduced with the Governor’s recommendation under Article 207 of the Constitution, seeks to amend provisions related to post-sale discounts, credit notes, and GST refunds under the Maharashtra Goods and Services Tax Act, 2017.
According to the Statement of Objects and Reasons attached to the Bill, the amendments are intended to maintain uniformity between the Central GST Act and the Maharashtra GST Act and to implement decisions taken by the GST Council.
Among the key changes proposed, the Bill seeks to amend Section 15 relating to the valuation of taxable supply by simplifying provisions governing post-sale discounts. It also proposes amendments to Section 34 concerning credit and debit notes and Section 54 dealing with GST refunds.
The proposed amendments would extend the facility of provisional refunds to cases involving refunds arising from an inverted duty structure. The Bill also seeks to remove the minimum threshold limit for sanctioning refund claims in respect of goods exported out of India with payment of tax.
The Financial Memorandum accompanying the Bill states that the proposed amendments will not involve any recurring or non-recurring expenditure from the Consolidated Fund of the State.
If passed by the Legislature, the amended provisions will come into force on dates to be notified by the State Government in the Official Gazette, with the Bill also providing for retrospective effect wherever required.
The legislation forms part of the ongoing process of harmonising state GST laws with changes made at the national level following GST Council decisions.
