Finance Minister Haseeb Ahmad Drabu Thursday said power, petroleum, real estate and liquor could be soon brought under the ambit of Goods and Services Tax (GST). Presenting the J&K Budget 2018-19 in the Legislative Assembly, the finance minister said a committee of officers and professionals in the area of taxation and industry had been constituted to work out the framework for brining real estate, electricity, alcohol and petroleum under J&K GST. He said the reason of brining electricity under the ambit of GST was that under the GST Input Tax…
Read MoreElectricity, Petroleum, Real estate and Alcohol could come under GST
