Assam Industries (Tax Reimbursement for Eligible Units) (Amendment) Scheme, 2019

Jul 11, 2019 | by Avantis RegTech Legal Research Team


The State Government of Assam on June 26, 2019, has issued Assam Industries (Tax Reimbursement for Eligible Units) (Amendment) Scheme, 2019, to further amend the Assam Industries (Tax Reimbursement for Eligible Units) Scheme, 2017.

Some major amendments are under:

Ø  Para 2(i)(a) which specifies Definitions, with effect from July 01, 2017;

Ø  Para 3 which specifies the Scope of operation, with effect from July 01, 2017;

Ø  Para 4 which specifies Determination of the amount reimbursable, after clause (ii), the following new clause has been inserted namely:

Clause (ii) (A): For existing hotels eligible under the industrial and Investment Policy of Assam, 2014, with effect from July 01, 2017;

Ø  Para 5 which specifies the Limitation and conditions of earlier schemes and policies to apply, with effect from July 01, 2017;

Ø  Para 11 which specifies the procedure for to file an application for tax reimbursement.

Save as otherwise provided in this Scheme, it will come into force with effect from the date of publication of this notification in the Official Gazette that is June 26, 2019.

[Notification No. FTX.93/2017/13]


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