In the pre-GST era of excise duty, industrial units Jammu & Kashmir, Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura enjoyed a tax holiday. Sources said in view of the Supreme Court judgement in October, 2022, and further directions by the High Courts of Delhi, Meghalaya and Guwahati, the issue would have to be discussed by the GST Council in its 50th meeting on July 11. The GST Council, chaired by the Union Finance Minister and
August 4, 2023 4:15 PM IST
QC D2
