https://www.taxtmi.com/news?id=18333 Passage of the SGST bill by the Jammu and Kashmir assembly integrates the state into the national GST framework, aligning state-level levies with central taxation. The enactment is described as removing overlapping tax incidence to prevent duplicate taxation and as likely to lower consumer prices while increasing state revenue. The resolution, taken amid political protests, follows prior government warnings that failure to implement GST would raise prices and disadvantage local industry. en-us Thu, 06 Jul 2017 10:13:16 +0530 Thu, 06 Jul 2017 10:13:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18333 Passage of the SGST bill by the Jammu and Kashmir assembly integrates the state into the national GST framework, aligning state-level levies with central taxation. The enactment is described as removing overlapping tax incidence to prevent duplicate taxation and as likely to lower consumer prices while increasing state revenue. The resolution, taken amid political protests, follows prior government warnings that failure to implement GST would raise prices and disadvantage local industry. News - Thu, 06 Jul 2017 10:13:16 +0530 https://www.taxtmi.com/news?id=18333