Srinagar, June 21: Kashmir Chamber of Commerce & Industry (Inc) has resolved that it would not allow the implementation of GST in the State in its present form as it compromises the financial autonomy and special status of the State and for that purpose Chamber will take all the measures at its command to prevent its implementation.
The Executive Committee of Kashmir Chamber of Commerce & Industry (Inc) organized an interactive meeting with prominent members of Civil Society on the implication of Goods & Services Tax in the State of Jammu & Kashmir on Wednesday. The meeting was presided over by KCCI President Mr. Mushtaq Ahmad Wani.
The Chamber demanded that the State Government should come out and put in public domain the proposed draft GST bill for public opinion.
The KCCI demanded that it being an important stakeholder should be given an opportunity to put forward its point of view on the issue before the committee of legislators recently constituted for discussing GST legislation.
The alternate measures to be taken by the Government from July 1 next month when GST law will be rolled out in other states needs to be spelt out without wasting any time.
The members of the civil society who participated in the meeting include Justice (rtd) Hassnain Masoodi, Mr. Mohammad Shafi Pandit, Mr.G.R.Sofi, Mrs. Anuradha Bhasin, Mrs. Nusrat Andrabi. (CNS)