Jammu Chamber ‘warns those opposing GST’, says they stand exposed by misleading people

Srinagar: Rakesh Gupta, who is the president of the Jammu Chamber of Commerce and Industry, a trade body that represents the traders of the Jammu region of the state of Jammu and Kashmir, has issued a warning to those opposing the proposed Goods and Services Tax (GST) bill.

This warning comes hours after valley traders, represented by Yaseen Khan, announced their strong opposition to the implementation of the GST in its current form and issued a protest and strike call.

Gupta met with the Chief Minister Mehbooba Mufti, and spoke to her about the “fallout if GST is not implemented”.

The Chamber President, seemingly pointing to the Kashmir trade leaders, said that they stand exposed by misleading people on one hand, but “already having got their GSTN to carry on their business smoothly.”

As per the Jammu Chamber, no goods can be imported from outside the state from July 1, till the time GST is implemented, which may lead to shortage of essential supplies.

Gupta also met with Finance Minister Haseeb Drabu, regarding the same. Drabu had earlier said that there will be a separate GST for the state of Jammu and Kashmir, which will protect the special status of the state and will not erode the fiscal and constitutional position of Jammu and Kashmir.

As per Manish Gupta, General Secretary, Jammu Chamber, they have been assured that “GST shall be implemented at an early date.”

The press note sent by the Jammu Chamber said that the Chief Minister and the Finance Minister have assured the Chamber President that a session of the assembly has been convened from July 3.

It also mentioned that both the Chief Minister and the Finance Minister assured them that the special financial powers will be used to take care of incentives to the Industries, and all other suggestions of the Chamber shall be considered while implementing the GST.

The chamber president advised its members to carry on with the VAT billing, and avoid importing goods from outside the state till GST is implemented.

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