GST supply in J&K

If J&K passes the GST bill than tranaction with the J&K dealers will be same as other state dealers. & if in case J&K doesn't passes the bill, then the dealers can not take ITC on the supply of goods.

If J&K passes the GST bill than tranaction with the J&K dealers will be same as other state dealers. & if in case J&K doesn't passes the bill, then the dealers can not take ITC on the supply of goods.

If J&K has passed the GST bill than the CGST and SGST will be automatically included in the invoice formats of the transaction. And if J&K doesn't pass the bill, there will be overall expensive to transact with the state as CGST and VAT will be applicable making items more expensive than before. Also, the supplies made outside the state will also be expensive as the input VAT credit can not be availed.