Arun Jaitley, the union finance minister, said on Friday that Jammu and Kashmir has complete right to implement Goods and Services Tax in the state. “Jammu and Kashmir assembly has the complete right to implement GST in the state,” he said at a press conference at SKICC.
The finance minister took a dig at that those opposing the implementation of GST: “Those who are opposing implementation of GST are actually against the people because consumers of the state have to give double tax. First, they have to give tax on inputs and then on final products because if GST is not implemented here then they won’t get the input credit,” Jaitley said.
On Thursday, J-K Finance minister, Dr Hasseb A Drabu, had told a news agency in Srinagar that Jammu and Kashmir will hold a special assembly session within 30 days to make changes that are needed before GST is implemented in the state. “The GST will bring major changes in fiscal and political side of India’s federal structure because of which coercive federalism will pave way for cooperative and competitive federalism,” Dr Drabu said while speaking at a Roundtable of the Finance Ministers organised by the financial newspaper The Mint at Royal Springs Golf Course here today.
While speaking about violence, Jaitley said that those people who resort to violence will be taken into account for their activities. “Terrorism and militancy are aimed against the Indian state and its sovereignty, and also against the people of Jammu and Kashmir. The effect of their actions is that besides security personnel, local citizens are also losing their lives. And those who take to violence of this magnitude will certainly be accountable for their actions.