Goods and Services Tax – GST – Dated:- 3-7-2017 – Bengaluru, July 2 (PTI) Union Power Minister Piyush Goyal today said that Jammu and Kashmir would roll out GST in the next few days. Jammu and Kashmir is the only state which failed to meet the June 30 deadline for the GST rollout. The new indirect tax regime will be implemented there in the next few days, he told PTI on the sidelines of a GST-related event here. J&K Finance Minister Haseeb Drabu had yesterday stated in New Delhi that the state is likely to clear the legislation on the indirect tax regime by July 6. Asked about traders staging protest in Srinagar against GST, Goyal said that protests sometimes are politically motivated, but it is good for the country, otherwise people o
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led to his opinion. We are not having a government where you can't speak, he added. Debroy had said yesterday that any suggestion that GST would boost GDP growth by 1 to 1.5 per cent is utter rubbish and termed it as an imperfect GST , following changes from the originally proposed ideal structure. Goyal said more important than anything else is that India would get rid of corruption and move from an informal economy to a formal economy. He also said that tax compliance would bring in more money to the government coffers which would be used to render services to the poor and farmers of the country. This is the goal of this government on which we are focusing. I think that is also the goal of the whole country because all parties have co
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