GST will not apply to Kashmir in its present form: Hasib Drabugst-will-not-apply-to-kashmir-in-its-present-form-hasib-drabu

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The Goods and Services Tax (GST) is a unified tax system that was introduced in India on July 1, 2017. It replaced the complex system of indirect taxes that existed before, and was expected to streamline taxation, increase the tax base, and make the tax system more transparent. However, there have been some challenges in implementing GST, particularly in the state of Jammu and Kashmir. In a recent statement,

Hasib Drabu comments

Hasib Drabu, former finance minister of Jammu and Kashmir, has said that the GST will not apply to the state in its present form. According to Drabu, the state's special status under Article 370 of the Indian Constitution gives it the right to have its own tax system, and the GST cannot be imposed on it without the state's consent. Drabu's comments come in the wake of protests by traders in Jammu and Kashmir against the implementation of GST. The traders have argued that the new tax system will hurt their businesses, and have called for the state to be exempted from its provisions. The issue of whether the GST applies to Jammu and Kashmir has been controversial. The state has a special status under Article 370 of the Indian Constitution, which gives it the power to make its own laws and regulations on a range of issues, including taxation. However, the central government has argued that the GST is a national tax, and that it should apply to all states, including Jammu and Kashmir.

Drabu's comments have added to the confusion over the issue. While he has argued that the GST cannot be imposed on Jammu and Kashmir without the state's consent, it is not clear whether the state will be exempted from the tax altogether. The central government has said that it is still determined to implement the GST in Jammu and Kashmir, and that it will work with the state government to address any concerns.

In the meantime, the protests against the GST have continued in Jammu and Kashmir. The traders have argued that the new tax system will hurt their businesses, as they will be forced to pay more taxes than before. They have also claimed that the GST will lead to an increase in prices of goods and services, and will make it harder for them to compete with businesses in other states.

conclusion

The controversy over the GST in Jammu and Kashmir highlights the challenges of implementing a unified tax system in a diverse country like India. While the GST has been hailed as a major reform, it has faced numerous challenges in its implementation. The issue of whether the tax applies to Jammu and Kashmir is just one of many issues that the government will have to address as it seeks to implement the GST across the country.Hasib Drabu, former finance minister of Jammu and Kashmir, has said that the GST will not apply to the state in its present form.BusinessFinance