GST And Production Linked Incentive (PLI) Scheme: Understanding The Tax Compliance Nexus

To increase the share of industrial sector in the country’s economy, from the current 27.6%[1], the government had adopted the policies of ‘Atmanirbhar Bharat’ and ‘Make in India’ and in line with such policies launched the Production Linked Incentive Scheme (“PLI” or “PLI Scheme”) in 2020. Currently expanded to 14 sectors, the purpose of PLI is to attract investments in key priority sectors and,…