Seeks to amend Notification No 12/2017- State Tax (Rate).

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....ents in the notification No. FTX.56/2017/25 dated 29th June, 2017 (Notification No. 12) issued by the Finance (Taxation) Department, Government of Assam, published in the Assam Gazette, Extraordinary, vide number 346, dated the 29th June, 2017, namely:- In the said notification, - (A) in the Table, - (a) in column (3), - (i) against serial number 6, in clause (a), the words "by way of speed post, express parcel post, life insurance, and agency services provided to a person other than the Central Government, State Government, Union territory shall be omitted; (ii) against serial number 7, in the Explanation, in clause (a), in sub-clause (i), the words "by way of speed post, express parcel post, li....

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....ber 24B, for the entries in column (3), the following shall be substituted: - (3) "Services by way of storage or warehousing of cereals, pulses, fruits and vegetables."; (h) after serial number 24B and the entries relating thereto, the following serial number and entries shall be inserted, namely: - (1) (2) (3) (4) (5) "24C Chapter 9968 Services by the Department of Posts by way of post card, inland letter, book post and ordinary post (envelopes weighing less than 10 grams). Nil Nil"; (i) serial number 26 and the entries relating thereto shall be omitted; (j) serial number 32 and the entries relating thereto shall be omitted; (k) serial number 33 and the entries relatin....

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....ce to a foreign tourist as follows: - (a) 3 days in India. 2 days in Nepal; Consideration Charged for the entire tour: Rs. 1,00,000/- Exemption: Rs.40,000/- (=Rs.1,00,000/- x 2/5) or Rs.50,000/-(=50% of Rs.1,00,000/-) whichever is less, i.e. Rs.40,000/-(i.е., Taxable value: Rs.60,000/-); (b) 2 days in India, 3 nights in Nepal; Consideration Charged for the entire tour: Rs. 1,00,000/- Exemption: Rs.60,000(=Rs. 1, 00, 000/- x 3/5) or Rs.50,000/- (=50% of Rs. 1,00,000/-) whichever is less, i.e. Rs.50,000/-(i.e., Taxable value: Rs.50, 000/-); (c) 2.5 days in India, 3 days in Nepal; Consideration charged for the entire tour: Rs. 1,00,000/- Exemption: Rs.54,545 (=Rs.1,00,000/- x 3/5.5) o....