GST – States – FTX.90/2016/070 – Dated:- 29-6-2017 – GOVERNMENT OF ASSAM ORDERS BY THE GOVERNOR FINANCE (TAXATION) DEPARTMENT NOTIFICATION The 29th June, 2017 No.FTX.90/2016/70.- WHEREAS in pursuance of Industrial and Investment Policy of Assam, 2014, tax exemptions were granted to eligible manufacturing units under the Assam Industries (Tax Exemption) Scheme, 2015, hereinafter referred to as the Scheme; AND WHEREAS in pursuance to Constitution (One Hundred and First Amendment) Act, 2016 and the decision of the Goods and Services Tax Council, the Goods and Services Tax (GST), shall be introduced in Assam with rest of the nation with effect from 1st of July, 2017 replacing various indirect taxes levied by the State; AND WHEREAS under the Sc
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irect tax under any existing tax incentive scheme shall pay tax in the GST regime; Now, therefore, the Governor of Assam hereby notifies that: (a) the provisions of the Assam Industries (Tax Exemption) Scheme, 2015 shall cease to operate on and from the date of coming into force Of the Assam Goods and Services Tax Act, 2017 (Assam Act No. XXVIII of 2017) in the State: Provided that the scheme shall be deemed to have remained in force for limited purpose of issuing Eligibility Certificate and Certificate of Entitlement in respect of those manufacturing units eligible for tax exemption under the Scheme, which have commenced their commercial production on or after 1st March, 2014, but before the coming into force of the Assam Goods and Service
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