GST Council approves retrospective clarifications on plant and machinery, includes FTWZ/SEZ warehoused goods, enables track-and-trace regime
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GST
The GST Council at its 55th meeting approved ratification of recent notifications and GIC decisions; adopted retrospective amendments to clarify “plant and machinery” and to include FTWZ/SEZ warehoused goods in Schedule III; authorised enabling provisions for a track-and-trace regime and related penalties; approved multiple Law Commit
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