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of <h1>Assam Government Amends Tax Rate Schedules; Updates Product Descriptions and Classifications Effective July 2017.</h1> The Government of Assam issued a corrigendum to Notification No. FTX.56/2017/14, dated June 29, 2017, amending various entries in the state tax rate schedules. Changes include corrections and additions to product descriptions and classifications across different tax rate schedules: Schedule I (2.5%), Schedule II (6%), Schedule III (9%), and Schedule IV (14%). Notable adjustments involve product codes, descriptions of goods like agarbatti, photovoltaic cells, optical fibers, and video game consoles, among others. These amendments are effective from July 2017, as ordered by the Finance Department of Assam.
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