Meanwhile, Kashmir Traders and Manufacturers Federation ( KTMF) has called for a complete shutdown in the occupied territory, tomorrow (July 01), the day the Indian government is planning to implement GST in India.
"Jammu and Kashmir is also trying to pass the bill, I hope that they are able to do it soon".
Manzanita Fire continues to burn at 5000 acres, evacuation warning in place
Those statistics don't count any of the fires that began burning in June, including the 27 fires now burning across 11 states. The fire was 10% contained Tuesday morning, according to the California Department of Forestry and Fire Protection.
He said that the existing tax regime had lacunae which allowed the possibility of evasion. "In short, traders can use this PIN and Password to update their current information on the GST portal having URL www.gst.gov.in", Additional Commissioner Department of Commercial Taxes Dr Shameed Ahmed said. The Constitutional amendment also took place with consensus.
A consensus is evading the political parties on the issue and all efforts and pleas made by the PDP-BJP coalition government particularly Finance Minister, Haseeb A, Drabu, so far, have failed to convince the opposition which has publicly vowed to fight any move that would weaken further J&K's special status guaranteed under Article 370 of the Indian Constitution. The situation, he said, is fragile and we don't want social chaos which ultimately impacts our economy. Traders are angry at the hurried manner in which the GST is being implemented.
"We will take a final call", Finance Minister said while announcing scheduled all party meet. Rather, the former chairman of the GST Council had earlier demanded adequate safeguards before extending the amendment to Jammu and Kashmir. It has also said that GST would also cause "irreparable financial losses" to the state. The taxes to be integrated under GST include Central Excise Duty, Duties of Excise, Additional Duties of Excise, Additional Duties of Customs, Special Additional Duties of Customs, Service Tax, State VAT, Central Sales Tax, Luxury Tax, Entry Tax in lieu Octroi, Entertainment Tax, Taxes of Advertisement, Purchase Tax, Taxes on Lotteries, Betting and Gambling and State Cess. "We can not turn a blind eye to our constitutional and political issues while fighting for Azadi", he maintained.
Baig said Article 246-A of the Constitution of India, under which the government of India will impose GST, should be preceded by the rider that the constitutional powers of J&K under Section 5 of the State Constitution shall remain intact so that the state government can exercise its powers on (tax) rates at any time.