Srinagar: The discussion on GST Resolution moved by Minister for PWD in the upper house Tuesday continued in the upper house Wednesday.
MLC Ashok Khajuria while initiating the debate termed the proposed imposition of GST in the state as a landmark event in the history of J&K. He said if the GST is not imposed in the state, it will have to bear huge losses and cannot do business with the rest of the states.
He said business of the state will come to a sudden halt if GST is not implemented and inflation will rise by 30 to 40 percent in the state and that state cannot bear such huge losses
Highlighting the benefits of GST, Saif-ud-din Bhat congratulated the government for initiating the debate for the adoption of GST Regime in the legislature.
Vikram Randhawa while taking part the debate, supported the resolution saying that GST is a gift for the people of the State.
MLC Khursheed Alam while participating in the debate supported the resolution saying that the imposition of GST will be beneficial for the common masses as well as the businessmen and that it will end the supremacy of few businessmen and will benefit the consumers.
He said JK is a consumer state and it is not possible for the state to import goods from other states in the absence of GST. He said J&K can’t afford to bring its business to standstill by not imposing GST. He said state’s produce like apple can’t be exported to international and national market in absence of GST. He said there is commitment in resolution itself that it will safeguard JK’s special status
Pradeep Sharma while speaking in favor of the resolution said J&K being a consumer state produces less and consumes more. He said consumer states will be benefitted more in GST regime and will help in increasing the GDP of the state.
Surinder Mohan Ambardar while supporting the resolution said the imposition of GST is the second major landmark decision in the history of India after the midnight session on 15th August 1947 when the then Prime Minister announced Freedom of India.
Single window system is being created under new taxation rule will benefit the common masses especially to the people of JK as state is consumer state, he said.
He said it is historical step of the present government that brought the GST resolution in Legislature for debate instead of going for an ordinance.
He further said economic as well as financial autonomy will be strengthened by the adoption of GST regime.
S Charanjeet Singh while speaking in support of the resolution said the GST regime will benefit the state as a whole and common man will be befitted while growth rate will be increased besides tax evasion can be reduced.
