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of <h1>India Launches GST Support Scheme for Manufacturing Units in J&K, Uttarakhand, Himachal Pradesh, and North Eastern States.</h1> The Government of India introduced a scheme to provide budgetary support to eligible manufacturing units in Jammu & Kashmir, Uttarakhand, Himachal Pradesh, and North Eastern States, including Sikkim, under the new Goods and Services Tax (GST) regime. This scheme applies to units previously benefiting from excise duty exemptions, now rescinded as of July 1, 2017. It offers partial reimbursement of GST paid, limited to the Central Government's share, for a residual period up to June 30, 2027. The scheme mandates compliance with previous conditions and quarterly claim submissions. Misdeclaration or fraudulent claims will lead to ineligibility and recovery actions.
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