J&K High Court notices to Centre, GST Council and state govt over refunds

The Jammu and Kashmir High Court issued notices to the Centre, the state government and the GST Council over reduction in refunds of the taxes paid after the new indirect tax system was rolled out.
 
Companies such as Jindal Drugs have moved court saying there are less refunds under the GST system for inter-state movement of goods than was under the previous regime.
 
An order in the case may have ramifications for other states such as Himachal Pradesh, Uttarakhand and Sikkim which have incentives schemes. J&K had come out with its industrial policy in 2002, promising 100 per