Jammu traders, industrialists take up issues with DyCM

Excelsior Correspondent
JAMMU, May 26: Deputy Chief Minister  Kavinder Gupta,    today visited the Jammu Chamber House and interacted with the industrialists and senior members of Chamber of Commerce  and Industry and also listened to their issues.
Rakesh Gupta, president Chamber of Commerce & Industry, Jammu  along with his team felicitated  the DyCM,  holding the portfolios of Industry and Transport   and also submitted a memorandum.
While projecting various issues, the JCCI members pointed out that the transport subsidy incentives announced for a small section of industries is unjustified and needs to be revisited and be allowed to all industries making interstate transportation. They said it  was  first time ever that the long pending demand of announcing amnesty on power bills was addressed by this Coalition Government by way of announcement in the budget speech but the notification for the same is yet to be issued.
They said it was for the first time that the hoteliers got a new life line by the announcement in the budget that their Power tariffs shall be at par with the Industries. It is pertinent to note that to the best of our information the notification for the same is under process but we would like to bring into your kind notice that the electricity bills received by the hoteliers across the State have been billed on old pattern and the Chamber has advised the hoteliers not to pay such bills.
The members pointed out that  in the GST regime the industrial units not registered with the Excise Department are not getting any benefit of the 42% of CGST to be reimbursed by the state. It is requested to  kindly make it possible that at least 42% of the CGST is reimbursed by the State to such industrial units.
They said  there are many industrial units whose purchases of raw material attract inward GST but their products being exempted and under  zero % category on sale, there is no outward tax resulting in increased price of raw material. The Govt must frame a policy for such units so that they can also be  benefitted at par with other industries.
It was stressed that  prices of the plots in the Industrial Estates and the transfer fees be reduced;   notification regarding 2 % incentives in lieu of CST on interstate sales by industries as announced in the budget be issued, post of  TFO at Trade Facilitation Centre Chakan-da-Bagh which is lying vacant for the last three months be filled up.
It was further requested that  issue of Dry Port in Jammu announced by way of a MoU with the Dubai Ports Group needs to be taken up seriously as it would bring in Rs 1500 crores of foreign direct investment and also boost the imports and exports and the overall economy of the State.  And the new registration process for vehicles which has been partially made on line at the dealer end and RTO offices,  should be made fully on line at par with the neighbouring states.
Lalit Mahajan, Chairman FoI,  Ajay Langer,  general secretary BBIA,  Pardeep Vaid, general secretary ASSI, Gangyal,   Rajesh Gupta, Manish Gupta and Ashu Gupta and others  were also present.

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