Using the Lukasiewicz 3-valued implication operator, the notion of an (${\alpha},{\beta}$)-intuitionistic fuzzy left (right) $h$-ideal of a hemiring is introduced, where ${\alpha},{\beta}{\in}\{{\in},q,{\in}{\wedge}q,{\in}{\vee}q\}$. We define intuitionistic fuzzy left (right) $h$-ideal with thresholds ($s,t$) of a hemiring R and investigate their various properties. We characterize intuitionistic fuzzy left (right) $h$-ideal with thresholds ($s,t$) and (${\alpha},{\beta}$)-intuitionistic fuzzy left (right) $h$-ideal of a hemiring R by its level sets. We establish that an intuitionistic fuzzy set A of a hemiring R is a (${\in},{\in}$) (or (${\in},{\in}{\vee}q$) or (${\in}{\wedge}q,{\in}$)-intuitionistic fuzzy left (right) $h$-ideal of R if and only if A is an intuitionistic fuzzy left (right) $h$-ideal with thresholds (0, 1) (or (0, 0.5) or (0.5, 1)) of R respectively. It is also shown that A is a (${\in},{\in}$) (or (${\in},{\in}{\vee}q$) or (${\in}{\wedge}q,{\in}$))-intuitionistic fuzzy left (right) $h$-ideal if and only if for any $p{\in}$ (0, 1] (or $p{\in}$ (0, 0.5] or $p{\in}$ (0.5, 1] ), $A_p$ is a fuzzy left (right) $h$-ideal. Finally, we prove that an intuitionistic fuzzy set A of a hemiring R is an intuitionistic fuzzy left (right) $h$-ideal with thresholds ($s,t$) of R if and only if for any $p{\in}(s,t]$, the cut set $A_p$ is a fuzzy left (right) $h$-ideal of R.