Govt. introduces partial GST reimbursement for units in special category States upto June 2027

Govt. introduces a scheme for eligible units located in J&K, Uttarakhand, Himachal Pradesh and the North Eastern States including Sikkim w.e.f. July 1, 2017, to provide budgetary support for residual period (pursuant to withdrawal of Industrial Promotion Scheme benefits) by way of partial reimbursement of CGST and / or IGST paid; While the overall scheme shall be valid upto June 30, 2027, ‘residual period’ has been defined to mean the period remaining out of tota...