Jammu and Kashmir to clear GST by july 6

Mehbooba Mufti, File Photo

Srinagar: Jammu and kashmir is the only state which has not cleared the GST even after crossing the deadline proposed by the central govt. However many reports suggset that the state would clear GST by 6th july.  The main reason behind this delay is the protest by the local traders and civil society,who are claiming that the implementation of GST would hand over powers of tax collection to the Centre, hence threatening the state’s autonomy.

The coalition government in kashmir by PDP and BJP has failed to achieve a consensus over the implementation of GST. Several media reports suggests that the local traders and civil society have called for a kasmir bandh on 1st july. The Mehbooba government is already facing the identity crisis in kashmir and the GST has made it even worse.

According to a news media website the president of Kashmir Traders and Manufacturers Federation,Muhammad Yaseen khan said “Business community is ready to face losses but won’t allow implementation of GST in its present form”. Three attempts has been made by the government to build a consensus on the implementation of GST.

Some members of PDP are claiming that “Jammu and kashmir has been provided a provision of different constitution by the constitution of India under article 370 and some of its provision would come under threat after the implementation of GST”.

Commenting on the particular section 5 of article 370 the finance minister Haseeb Drabu said “We will neither compromise on Section 5 of [the J&K constitution] nor the Article 370″. However on 6th july (friday) he said the implementation of the goods and services tax (GST), is now likely to clear the legislation on the indirect tax regime by July 6.

Wefornews Bureau

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