https://www.taxtmi.com/news?id=18255 The State is urged to convey concurrence under Article 370 for application of the Constitution (One Hundred and First Amendment) Act so that GST and the IGST input credit mechanism apply from the common commencement date. Non adoption will prevent recovery of input tax credit on inter State supplies and cause embedding of taxes into prices, leading to cascading, higher consumer and producer prices, and competitive disadvantage for State industry. en-us Mon, 26 Jun 2017 17:05:26 +0530 Mon, 26 Jun 2017 17:05:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18255 The State is urged to convey concurrence under Article 370 for application of the Constitution (One Hundred and First Amendment) Act so that GST and the IGST input credit mechanism apply from the common commencement date. Non adoption will prevent recovery of input tax credit on inter State supplies and cause embedding of taxes into prices, leading to cascading, higher consumer and producer prices, and competitive disadvantage for State industry. News - Mon, 26 Jun 2017 17:05:26 +0530 https://www.taxtmi.com/news?id=18255