"A new scheme of budgetary support
regime to the units located in states of Jammu and Kashmir, Uttarakhand, Himachal Pradesh, North East states approved," he said in a series of tweets.
He said the scheme offered as a measure of goodwill to units eligible for drawing benefits under earlier excise duty exemption and refund schemes.
Under the GST
regime, there is no provision for exemption but there is one section under the Act which permits refunds.
The minister said that recognising industry's concerns on withdrawal of exemptions, budgetary support
for residual period as part reimbursement of GST
"We are responsive to industry's concerns, shall work together to boost growth, exports, employment," he added.