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of <h1>Assam Amends GST Rules: SEZ References Added, Investment Limit Raised to 500 Crore, Effective Retroactively from 2020.</h1> The Government of Assam, under the authority of the Governor and following the Council's recommendations, has amended Notification No. FTX.56//2017/Pt-II/545 dated May 22, 2020, concerning the Assam Goods and Services Tax Rules, 2017. The amendments include the insertion of 'a Special Economic Zone unit and' before specific references, and the substitution of 'one hundred crore rupees' with 'five hundred crore rupees.' These changes are effective retroactively from July 30, 2020. The notification was issued by the Finance (Taxation) Department and signed by the Commissioner and Secretary to the Government of Assam.
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