SECTION 16, READ WITH SECTION 17, OF THE ASSAM GOODS AND SERVICES TAX ACT, 2017
ELIGIBILITY AND CONDITIONS FOR TAKING INPUT TAX CREDIT –
SPECIFIED INPUT TAX CREDIT OF RENT-A-CAB , LIFE INSURANCE AND HEALTH INSURANCE
NOTIFICATION NO.FTX.56/2017/35, DATED 29-6-2017
In exercise of the powers conferred by sub-clause (iii)(A) of clause (b) of sub-section (5) of section 17 of the Assam Goods and Services Tax Act, 2017 (Assam Act No. XXVIII of 2017), the Governor of Assam hereby specifies that the input tax credit of rent-a-cab, life insurance and health insurance would be available in case the provision of these services is obligatory for an employer to provide to its employees under any law for the lime being in force.
This notification shall come into force on the 1st day of July, 2017.