SGST reimbursement framework expands for eligible units with revised definitions, policy-linked applicability, and longer mega project incentives. The amendment scheme revises the principal SGST reimbursement framework for eligible units in Assam by aligning the definition of industrial categories with the extant Industrial and Investment Policy of Assam, 2019, and by providing that changes in that policy apply mutatis mutandis to the reimbursement scheme. It also extends the reimbursement period for eligible mega project units to 15 years, subject to a maximum of 100% of fixed capital investment, and preserves 100% SGST reimbursement for qualifying intra-State supplies after utilisation of available input tax credit, subject to the prescribed ceiling and time limit.
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SGST reimbursement framework expands for eligible units with revised definitions, policy-linked applicability, and longer mega project incentives.
The amendment scheme revises the principal SGST reimbursement framework for eligible units in Assam by aligning the definition of industrial categories with the extant Industrial and Investment Policy of Assam, 2019, and by providing that changes in that policy apply mutatis mutandis to the reimbursement scheme. It also extends the reimbursement period for eligible mega project units to 15 years, subject to a maximum of 100% of fixed capital investment, and preserves 100% SGST reimbursement for qualifying intra-State supplies after utilisation of available input tax credit, subject to the prescribed ceiling and time limit.
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