Tax reimbursement to BCPL.
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....partment, Government of Assam, published in the Assam Gazette Extraordinary vide No.333 dated 21st October, 2009 granted partial exemption of ninety-nine percent of the tax payable on finished Goods produced by Brahmaputra Cracker and Polymer Limited, for a period of fifteen years from the date of commercial production i.e. 02/01/2016; AND WHEREAS the Assam Value Added Tax, 2003 (Assam Act XII ....
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....t so to do, the Governor of Assam is hereby pleased to grant reimbursement of 100% of net State Goods and Services Tax (SGST) paid to Brahmaputra Cracker and Polymer Limited under the Assam GST Act, 2017, for the residual period subject to the conditions and manner specified below:- The unit shall, in respect of intra state supplies made within the State, be entitled to reimbursement of 100% of....
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....g adequate fund at the disposal of Commissioner of State tax, repayment by claimant/recovery and dispute resolution, procedure for recovery and termination of Eligibility Certificate as well as the Certificate of Entitlement for violation of or non-compliance with any of the conditions laid down in the scheme shall mutatis mutandis apply to the unit. However, as there is no cap on quantum of mo....
TaxTMI
TaxTMI