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J&K: Mehbooba govt to discuss GST implementation in state on July 4

Union Finance Minister Arun Jaitley Had Asked Jammu And Kashmir To Roll Out GST From July 1 As Failure To Implement It Will Lead To Adverse Impact Of Price Rise And Put Local Industry At A Disadvantage.

News Nation Bureau | Edited By : Vikas Mehta | Updated on: 30 Jun 2017, 08:11:34 PM
J&K: Mehbooba govt to discuss GST implementation in state on July 4

New Delhi:

The Jammu and Kashmir government will convene a special session of the assembly from July 4 to discuss the implementation of GST in the state.

The session will be organised to build consensus over the implementation of GST.

Earlier, Union Finance Minister Arun Jaitley had asked Jammu and Kashmir to roll out GST from July 1 as failure to implement it will lead to "adverse impact" of price rise and put local industry at a disadvantage.

In a letter to Chief Minister Mehbooba Mufti, Jaitley had said that the state has actively participated in the GST deliberations and should join the nation-wide wide roll out of Goods and Services Tax from July 1.

All states, except Jammu and Kashmir, have already cleared the State GST (SGST) Bill, and are ready for embracing the new tax regime.

Also Read | GST: Arun Jaitley asks Congress to refrain from indulging in politics

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First Published : 30 Jun 2017, 07:42:00 PM

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GST Jammu And Kashmir