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SAC approves ‘Jammu and Kashmir Goods and Services Tax (Amendment) Bill, 2018′

Srinagar: The State Administrative Council (SAC), which met here today under the chairmanship of Governor, Shri Satya Pal Malik approved the ‘Jammu and Kashmir Goods and Services Tax (Amendment) Bill, 2018’.

The Jammu and Kashmir Goods and Service Tax Act, 2017 makes a provision for levy and collection of tax on intra-state supply of goods or services or both by the State of Jammu and Kashmir.

The said Act is a replica of the Central Act on the subject. The Central Goods and Service Tax Act has been amended by the Central Goods and Service Tax (Amendment) Act, 2018.

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