The Government of Madhya Pradesh (MP), on August 24, 2026, notified the Madhya Pradesh Goods and Services Tax (Amendment) Act, 2026, which further amends the Madhya Pradesh Goods and Services Tax Act, 2017. The Act received the Governor’s assent on August 12, 2026, and was published in the Madhya Pradesh Gazette on August 24, 2026.
The amendment covers Sections 15, 34 and 54 of the MP GST Act, dealing broadly with valuation of taxable supply, credit notes/adjustment of taxable value and tax charged, and refunds. However, the text provided here only contains the proposed substitution in Section 15(3)(b) and does not include the actual revised wording of that clause. Therefore, the precise change to the valuation provisions cannot be stated from the extract provided.
The Act does not automatically become operative in its entirety on the date of publication. It provides that the State Government will notify the commencement date in the Official Gazette, and different dates may be appointed for different provisions. Accordingly, businesses should check the subsequent commencement notification before applying the amended provisions.
[Madhya Pradesh Act No. 13 of 2026]
