Tag: Indirect Tax
GST adversely affected tourism sector in J&K
As per a recent report by a parliamentary panel, the Goods and Services Tax (GST) introduced by the Center has a negative impact on the tourism sector of Jammu and Kashmir. The panel suggests reconsidering the indirect tax system in the tourism related activities of the state. The committee was headed by Rajya Sabha member Kanwar Deep Singh, who expressed concern at the declining tourism in the picturesque State, has asked the Government to hold talks with the countries which have issued advisories against travel to J&K. “It (GST) must be done in a cautious and phased manner in order ... Read more