'PoK is part of India, so cross-LoC trade is intra-state': High Court settles GST confusion - Business Today

The court clarifies the GST treatment of the now-suspended barter-based LoC trade and rejects attempts by traders to classify it as zero-rated or outside the purview of the tax regime. The Jammu & Kashmir and Ladakh High Court has ruled that cross-Line of Control (LoC) trade conducted between traders in Jammu & Kashmir and Pakistan-Occupied Kashmir during 2017–2019 amounts to intra-state t…