GST Refund Allowed on Scrap as It Qualifies as Manufactured Good Under Scheme

Vijay Steel Industries Vs UT of Jammu & Kashmir (Jammu & Kashmir High Court) The case concerns the entitlement of an industrial unit to reimbursement under the Budgetary Support Scheme introduced following the implementation of the Goods and Services Tax (GST) regime. The petitioner had established a manufacturing unit for producing TMT bars and related steel products under earlier excise exemption notifications, which granted refund-based benefits for a specified period. Upon transitioning to the GST regime in 2017, these earlier exemptions were withdrawn and replaced with a budgetary...