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GST fallout in J&K: Traders detained, Assembly adjourned after protests

GST fallout in J&K: Traders detained, Assembly adjourned after protests

Traders protest against GST in J&K

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The traders were supposed to hold a sit-in near the assembly to protest the implementation of the new tax regime in the state

Several traders were detainedby police today as they tried to march towards the Jammu and Kashmir Legislative Assembly during protests against the implementation of Goods and Services Tax(GST) in the state.

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The traders were detained near the Civil Secretariat complex area. Several traders were seen holding black flags as they shouted slogans against the implementation of GST.

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The traders were supposed to hold a sit-in near the assembly to protest the implementation of the new tax regime in the state. The traders in the state feel the present GST structure would lead to the erosion of the state's special position and its fiscal autonomy.

Meanwhile, a special session of the state legislature began today to discuss the issue of implementation of GST in the state.

However, the assembly had to beadjourned after several legislators turned violent inside the House.

The central government had on July 1 unveiled the new tax regime which is aimed at eliminating India's complex multi-layered tax system.

PM Modi had called GST a "good and simple tax" which will end harassment of traders and small businesses while integrating India into "one market"with "one tax rate".

Also Read:GST fallout: Cinema halls shut in Tamil Nadu to protest against taxes on tickets

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