Even as the ruling dispensation has given the excuse of Rs 900-crore revenue loss to the state exchequer on account of abolition of the toll tax at Lakhanpur, clamour has gone louder against the charging of the toll tax after the introduction of Goods and Services Tax (GST) in Jammu and Kashmir. The state government, however, has maintained a silence on “net profit” to Jammu and Kashmir in terms of “divisible pool of taxes” from the Centre under the GST. The state government has also remained non-committal over doing away…
Read MoreClamour grows louder for abolition of toll tax in state: GST Effect
