Deadline missed, but efforts on for consensus: Govt

Srinagar: Jammu and Kashmir has missed the July 1 deadline for Goods and Services Tax (GST) rollout as the state government maintained that it is in “consultations” to build a consensus for implementing the new tax regime.
“We have missed the deadline but we are in the process of consultations for building a consensus. We feel the wait is worth it,” senior minister and government spokesman Naeem Akhtar said.
The state government convened an all-party meeting earlier this month in an effort to build a consensus on implementing GST in the state but its efforts were opposed by opposition parties like the National Conference as also the business community.
The opponents to the GST regime maintain that extending the new tax regime will take away the tax levying autonomy of the state, which in turn will erode its special status within the union of India.