J&K to implement GST but with riders

J&K to implement GST but with riders

Jammu and Kashmir has decided to implement Goods and Services Tax and has set up a committee for drafting the legislation in the next three months.

“The State government has deliberated upon the issue and came to the conclusion that it should implement the GST but with the riders so that its Constitutional position and special taxation powers are not affected,” said the State’s Economic Survey 2016.

If the draft Bill is approved by the State government, a special session of the State legislature will be called for its passage.