Srinagar, July 1 -- The Goods and Services Tax (GST), introduced across India on July 1, 2017, marked a transformative shift in the country's indirect tax regime, replacing a complex web of central and state taxes with a unified, consumption-based tax system. In Jammu and Kashmir, the implementation of GST faced distinct challenges but has since played a pivotal role in fostering economic integration and growth. Unlike other states, J&K required specific legislative measures to adopt the Central Goods and Services Tax (CGST) and Integrated Goods and Services Tax (IGST) laws. The state legislature passed the Jammu and Kashmir Goods and Services Tax Act, 2017 (Act No. V of 2017) on July 7, 2017, with the law coming into effect on July 8, 20...