Goods And Services Tax

Jammu And Kashmir Adopts GST Resolution Amid Protests By Opposition

The Jammu and Kashmir assembly today passed a resolution seeking to implement the Goods and Services Tax or GST in the state. The resolution was passed amid strong reservations by the opposition that extending GST regime will undermine the special status of Jammu and Kashmir. The central GST Act - India's biggest tax reform since Independence which was rolled out on July 1 - doesn't apply to the state. The state cabinet will now recommend the resolution to President Pranab Mukherjee and through a Presidential Order, the GST Act will be extended to the state which has its own separate constitution.

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