New incentive scheme under GST regime death trap for J&K units: Jammu traders

Threatening to launch an agitation, traders of Jammu today criticised the Centre for its recently announced incentive scheme under the Goods and Service Tax (GST) regime. They said “if the scheme is not revisited, it will serve as a death knell for majority of nearly 10,000 units in Jammu and Kashmir and render lakhs of people jobless”. The traders also sought intervention of Jammu and Kashmir Chief Minister Mehbooba Mufti and threatened to hit the streets “if the promises made to them prior to the implementation of the GST regime…

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