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Blue Star stalls Rs.220-crore investment in J&K over GST query

Blue Star stalls Rs.220-crore investment in J&K over GST query

Thursday, March 23, 2017, 9:41 PM

Air conditioning and refrigeration major Blue Star said it has put on hold a Rs.220 crore investment in Jammu and Kashmir due to ambiguity over the continuation of excise duty relief in the state after the GST is implemented. Jammu and Kashmir government has not clarified whether the relief in excise duty is going to continue in that state after the GST imposition.
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