After Assam, GST sops to woo investment set for a comeback in other states

A recent notification by the  Assam government  announcing a scheme for reimbursement of tax paid by state-based industries has been akin to setting the proverbial cat among the pigeons. Tax experts expect the move to trigger a race among other states to offer similar sops to woo investment.While the goods and services tax (GST) Council has left it to each state to come out with individu…