GST Rollout in J&K in next few days: Piyush Goyal
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.
\n"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.
\nJ&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.
\nAsked about traders staging protest in Srinagar against GST, Goyal said that protests sometimes are politically motivated, but i<\/p>\n
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\n"Each one is entitled to his opinion. We are not having a government where you can't speak," he added.
\nDebroy 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.
\nGoyal said more important than anything else is that India would get rid of corruption and move from an informal economy to a formal economy.
\nHe 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.
\n"This is the goal of this governmen<\/p>\n
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