Consumers not complaining about GST, only some traders are: FM

MoS PMO Jitendra Singh

MoS PMO Jitendra Singh

On the sidelines of a meeting on GST, he said that overall incidence of tax after implementation of GST will be less, especially, in case of the consumer goods than the present incidence of tax, therefore, it is imperative on part of the trade and industry to pass on these benefits to the consumers at large.

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

Earlier, the PDP-BJP coalition had failed to come to a consensus on the implementation of the GST regime in the state at the all-party meeting on June 29, with Valley-based trade bodies and civil society forums issuing a threat to launch a civil disobedience movement if the government goes ahead with the plan. Traders are angry at the hurried manner in which the GST is being implemented.

Ending more than 11 years of hectic argument between the Centre and states, the GST was passed and is now set to completely transform the indirect taxation landscape in the country, involving both central and state levies. The final event is likely to start at 11 pm on June 30 and will be on till half past midnight. He said all apprehensions of states, which were related with the new tax system, had been redressed.

A statement issued after a meeting of the JKPCC executive panel under the chairmanship of party unit chief G A Mir said, "It is the duty of the government to take steps to ensure the timely implementation of the GST, if they are honest".

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The 101 Constitutional Amendment Act of the Indian Constitution under which the GST would be applicable to all States doesn't apply to J&K as of now.

Marble traders of the state have also called state-wide indefinite shutdown from July 1 to protest against 28 per cent GST on the item. "If we talk of bringing a separate law, the Centre will have to amend two chapters in the Constitution to delegate powers of taxation to the state of Jammu and Kashmir". Besides, it will also entail amending Section 5 of J&K Constitution which can't be done.

"The government which blinks will never be able to bring reforms".

New Delhi, Jul 1 Finance Minister Arun Jaitley today wondered why certain traders are complaining about GST rates when the ultimate burden of taxation will fall on consumers. We are in favour of it but we are concerned about how it is implemented in J&K.

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