GST Council to discuss scope of budgetary support for units in hilly states

The Goods and Services Tax (GST) Council, in its upcoming meeting, is likely to discuss the scope of the budgetary support policy for the eligible manufacturing units operating in hilly areas, such as Uttarakhand, Himachal Pradesh, and Northeast states.

The 50th GST Council meeting is scheduled to take place on July 11 in New Delhi.

The move is in line with the Supreme Court’s (SC’s) ruling in the Hero MotoCorp tax refund case in September 2022.

The SC had rejected Hero MotoCorp’s claim seeking full budgetary support in lieu of the pre-existing outright excise duty exemption, notified by the central