Excelsior Correspondent
JAMMU, July 5: BJP’s Presidential candidate Ram Nath Kovind, Union Finance Minister Arun Jaitley and Minister of State in Prime Minister’s Office (PMO) Dr Jitendra Singh today congratulated the people of Jammu and Kashmir on implementation of GST in the State.
“Congratulations to the people of Jammu, Kashmir and Ladakh,” Kovind tonight tweeted in response to the tweet of Dr Jitendra Singh that “truth and logic prevail” (after Legislature nod to GST in J&K).
“The GST ushers in an era of cooperative federalism. Congratulations. Truth and logic prevail,” Dr Jitendra Singh tweeted.
Kovind responded to the tweet and extended congratulations to the people of Jammu and Kashmir.
Finance Minister Arun Jaitley said the GST will benefit the consumers by making goods cheaper and increase revenue for the State.
In a series of tweets, the Minister congratulated the people of Jammu and Kashmir for passage of the bill by the State Assembly.
Jammu and Kashmir is the last State to pass the SGST bill. The Goods and Services Tax has already came into effect from July 1.
“Congratulations to the people of J-K for integration of the State with the GST. J-K is a consuming State and GST will help it to increase revenue for the State,” Jaitley said.
The consumers in Jammu and Kashmir will benefit from GST. “No tax payment twice over,” he said.
Last month, Jaitley had written to Jammu and Kashmir Chief Minister Mehbooba Mufti to implement GST as failing to do so would lead to “adverse impact” of price rise and put local industry at a disadvantage.
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