GST likely to roll out in Jammu and Kashmir

GST likely to roll out in Jammu and Kashmir

GST likely to roll out in Jammu and Kashmir

Jammu and Kashmir Assembly had on Wednesday passed a resolution in this regard after which the state cabinet under the chairmanship of Chief Minister Mehbooba Mufti cleared a draft order for concurrence of the President.

"Mufti sahab used to repeatedly say those things which we have been given to us by our country, by our parliament and if we manage to protect them then there is no bigger "azadi" (freedom) than this".

"It will be a special GST, but not a separate GST".

It said Article 370 had been reduced to an empty shell by 47 Indian presidential orders passed in the past.

"This is pertinent to add that the industrial sector is the worst sufferer due to deliberate attempt of certain elements in the state to hamper the activities of industrial unit largely established in Jammu region thus creating avoidable wedge between two regions of the state", AOI said.

State BJP chief Sat Sharma claimed that the revenues of Jammu and Kashmir would go up by Rs 10,000 crore annually after the implementation of GST.

"Although there is no tradition of tabling a presidential order in the assembly, we are starting a new tradition in the democracy of the state by tabling this order in the House", he said.

CTF, he said, would also launch handholding exercises to make traders aware about the needs of the new GST regime and also demands that toll tax on goods as charged earlier shall totally be abolished.

A government spokesperson said Drabu gave a detailed account of the legislation in the assembly. "But the presidential order has respected the sanctity of the state legislature by safeguarding our constitutional, economic and administrative powers".

The entire opposition boycotted the session and Congress walked out on the last day of the four-day special session.

-Sub-clause 3 of Article 246 (A) - The legislature of the state of Jammu and Kashmir shall have exclusive powers to make laws in respect of imposition of any taxes as enabled by Section 5 of the Constitution of Jammu and Kashmir. Theyhave threatened to oppose the GST "tooth and nail" as it would compromise with the state tax laws and the fiscal and constitutional autonomy of the state.

Speaker Kavinder Gupta immediately after the Bill was passed announced that the House has been adjourned sine-die.

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