Jammu, Feb 17, Feb. 18 -- The Government of Jammu and Kashmir informed the Legislative Assembly that the Union Territory's average monthly GST revenue has grown from Rs 300 crore in 2017 to Rs 724 crore by March 2025, with total collections reaching Rs 8,680.2 crore in FY 2024-25. Finance Minister [Name] stated that the Goods and Services Tax (GST) was implemented in J&K on July 8, 2017, replacing a multi-layered tax system with a unified regime. This shift reduced cascading taxes, simplified compliance, and promoted online registration, return filing, refunds, and e-way bills.The government highlighted several measures supporting small businesses, including the Composition Scheme for traders and manufacturers with turnover up to Rs 1.5 c...