My Query is that
Many of the manufacturing unit get exemption by State Govt. of VAT And CST under industrial Promotion Policy 2014 in Madhya Pradesh for Five from the date of Commencement of production of New units
So my query is that whether the same exemption is also available for the aforsaid entity or not
Please clarify.. As soon as possible
Uncertainty Over Continuation of Madhya Pradesh VAT and CST Exemptions Under New GST Regime; Possible Refund Mechanism Suggested A query was raised about whether manufacturing units in Madhya Pradesh, which received VAT and CST exemptions under the Industrial Promotion Policy 2014, would continue to receive similar exemptions under the new GST regime. Responses indicated uncertainty, as the GST law was still being developed and ratified by states. Some contributors believed existing exemptions might continue until their original expiration, as was the case during the transition from Sales Tax to VAT. Others suggested that state-specific schemes might end, with a refund mechanism introduced post-GST payment. Concerns were also raised about confirming tax remittance by suppliers. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
