INTERVIEW: NC promises change in GST law if voted to power

Looking at how it could be brought in line with J&K’s autonomous character: Omar

Muddasir Ali
Srinagar, Publish Date: Mar 6 2019 12:18AM | Updated Date: Mar 6 2019 2:35AM
INTERVIEW: NC promises change in GST law if voted to powerPhoto: Habib Naqash/GK

National Conference vice-president Omar Abdullah said on Tuesday that if his party is voted to power in the next assembly election, it would explore “all options” to bring the central Goods and Service Tax (GST) Act “in line with the autonomous character” of Jammu and Kashmir. The party is likely to make the promise a part of its manifesto for the Assembly election.

“So far no roadmap has been prepared but we have asked Rather Sahab (senior NC leader Abdur Rahim Rather) to see what we can do to bring changes to it (GST) for good of the state,” Omar said in an exclusive interview with Greater Kashmir.

“We are working on it,” he said.

In 2017, the National Conference led the opposition to the implementation of the GST in the state in its present form, stating that the uniform tax regime would erode J&K’s special status and its fiscal autonomy.

However, the then PDP-BJP government went ahead and facilitated its extension to the state despite protests in Kashmir and opposition by the mainstream parties and trade bodies.

Omar, a former chief minister, said the party was looking at “all options”.

“We are looking at all aspects of the GST. I don’t know how much scope the previous government has left for us, but whatever scope is there, we will bring changes to make GST regime friendly and in line with the autonomous position of J&K,” Omar said.

Jammu and Kashmir had powers to levy and collect taxes because of the fiscal autonomy the state enjoyed. The state legislature had the powers to decide the tax rates as well. 

However, under the new regime, these powers were taken away from the state and vested with the GST council headed by the Union finance minister.

Omar said it was a “bad decision” by the then government to extend GST in its original form to the state. 

“We have maintained that it will have both short and long term losses for the state…it did erode fiscal autonomy of the state,” said Omar, adding that the Act was one of the mistakes committed by the PDP-BJP government.

The NC leader also questioned the previous regime for not fulfilling the promises made to different sections of the society vis-à-vis GST implementation.

“Those promises, the budgetary support to handicrafts sector, the tourism and other sectors, to take care of the impact of the GST on these sectors were not fulfilled. Nobody got anything and today all are crying. It is because whatever fiscal autonomy we had, GST took it away,” said Omar.       

Latest News

  1. New Delhi bans Yasin Malik-led JKLF
  2. New Delhi bans Yasin Malik-led JKLF
  1. ED imposes Rs 14.4 lakh penalty on Hurriyat (G) chairman Geelani
  2. ED imposes Rs 14.4 lakh penalty on Hurriyat (G) chairman Geelani
  1. PSO of Anantnag municipality chairman injured in suspected militant attack
  2. PSO of Anantnag municipality chairman injured in suspected militant attack
  1. Shopian gunfight ends, two militant bodies recovered; searches on
  2. Shopian gunfight ends, two militant bodies recovered; searches on
  1. Elect your candidates on promise versus performance basis: Altaf Bukhari to workers
  2. Elect your candidates on promise versus performance basis: Altaf Bukhari to workers
  1. Er Rasheed to fight Lok Sabha polls from Baramulla constituency
  2. Er Rasheed to fight Lok Sabha polls from Baramulla constituency
  1. Policemen hit by stone during clashes in Shopian
  2. Policemen hit by stone during clashes in Shopian
  1. Governor’s grievance cell disposes of 55195 complaints
  2. Governor’s grievance cell disposes of 55195 complaints
  1. New Delhi won’t achieve anything by banning JeI, mass arrests: Sajad Lone
  2. New Delhi won’t achieve anything by banning JeI, mass arrests: Sajad Lone
  1. Friday prayers barred at Jamia Masjid in Srinagar, third time this month
  2. Friday prayers barred at Jamia Masjid in Srinagar, third time this month
  1. Govt should come out with 'more facts' on Balakot strikes, 'baffled' by PM's reaction: Pitroda
  2. Govt should come out with 'more facts' on Balakot strikes, 'baffled' by PM's reaction: Pitroda
  1. Farooq leads campaigning of alliance candidates in Jammu
  2. Farooq leads campaigning of alliance candidates in Jammu
  1. Hajin Gunfight: Police identifies two slain militants
  2. Hajin Gunfight: Police identifies two slain militants
  1. Pulwama resident allegedly affiliated with Jaish held in south Delhi
  2. Pulwama resident allegedly affiliated with Jaish held in south Delhi
  1. Ten injured in Shopian clashes, one suffers gunshot wound in neck
  2. Ten injured in Shopian clashes, one suffers gunshot wound in neck
  1. Pakistan might discover a very big reserve of oil and gas: PM Imran Khan
  2. Pakistan might discover a very big reserve of oil and gas: PM Imran Khan
  1. India boycotts Pak Day event as Kashmiri Hurriyat leaders invited
  2. India boycotts Pak Day event as Kashmiri Hurriyat leaders invited
  1. Jammu and Kashmir: Four militants, minor boy killed in gunfights in Shopian, Bandipora
  2. Jammu and Kashmir: Four militants, minor boy killed in gunfights in Shopian, Bandipora
  1. Clashes break out near gunfight site in Shopian
  2. Clashes break out near gunfight site in Shopian
  1. Militant killed in ongoing Shopian gunfight: Army
  2. Militant killed in ongoing Shopian gunfight: Army
  1. Two militants, minor boy killed in Hajin gunfight
  2. Two militants, minor boy killed in Hajin gunfight
  1. Mirwaiz placed under house arrest ahead of JRL protest call
  2. Mirwaiz placed under house arrest ahead of JRL protest call
  1. 44 dead after blast rocks industrial park in China
  2. 44 dead after blast rocks industrial park in China
  1. 93 people dead as ferry sinks in Iraq: Minister
  2. 93 people dead as ferry sinks in Iraq: Minister
  1. Sopore resident among two militants slain in Baramulla gunfight; thousands attend last rites
  2. Sopore resident among two militants slain in Baramulla gunfight; thousands attend last rites
  1. Gunfight underway in south Kashmir's Shopian
  2. Gunfight underway in south Kashmir's Shopian
  1. Sopore gunfight: Fresh exchange of fire after nightlong lull
  2. Sopore gunfight: Fresh exchange of fire after nightlong lull
x
This site uses cookies to deliver our services and to show you relevant news and ads. By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Service.That's Fine