GST a Tsunami for local industry: FCIK

Terming the union GST Act as tsunami for the yet-to-evolve the industry in the valley, the Federation Chamber of Industries Kashmir (FCIK) has demanded its immediate rollback. In an executive council meeting held under the chairmanship of speaker Syed Fazal Illahi, the members resolved to work in tandem with the newly formed Jammu and Kashmir Coordination Committee (JKCC) in order to mount pressure on the state government for the roll back.of this draconian law clandestinely extended to the state. The members observed that extension of this 47th amendment was yet…

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