Excelsior Correspondent
JAMMU, Feb 3: Federation of Industries Jammu (FoIJ) and Federation Chamber of Industries Kashmir (FCIK), have stressed for continuation of Toll Tax and Lakhanpur and said it is must for the growth and betterment of Industry in the State.
In an emergency meeting of the of Federation of Industries Jammu and Federation Chamber of Industries Kashmir held today here today in presence of Lalit Mahajan, Chairman FoIJ, Ashraf Mir, Chairman FCIK, Vijay Aggarwal, Ajit Bawa, Jatinder Aul, Deepak Dhawan (Co-Chairmen), Ravi Malgooria, president, Association of Chamber of Commerce & Industries Udhampur, Pardeep Vaid, Ajay Langer, Bansi Lal Gupta, Lavinder Singh Puri, Sandeep Mittal, Vivek Singhal, Viraaj Malhotra, Ratesh Mahajan and other Executive Committee members of the Federation, the members unanimously supported the Toll Tax recovery at Lakhanpur.
The members present from all the Industrial Associations of Jammu province and Chairman FCIK from Kashmir in the meeting raised serious concern over the repeated attempts of some vested interests, who are bent upon to destroy the Industrial sector of J&K by raising their voice for the removal of Toll Tax at Lakhanpur with their ill designs to allow the import/export of unaccounted goods in/from the State which may be resulting huge Financial loss to the State exchequers as well as to the Industrial Sector of J&K.
It is pertinent to mentioned here that Toll Tax at Lakhanpur is a safeguard for the Industrial sector of the State to check the import/export of unaccounted goods, contraband and other banned items to and from the State and if the Govt withdraws the Toll Tax at Lakhanpur Checkpost, the whole State shall be flooded with the unaccounted goods and other related material which will prove as death nail for the Industrial Sector of the State & the worst suffers will be the Industrial sector of the State moreover, state will lose about Rs 900 crore revenue.
It was strongly resolved in the meeting that Govt should not remove Toll Tax Checkpost at Lakhanpur with the Toll exemptions should be continued in GST regime to the existing as well as new Industrial units to compensate the additional transportation cost on the raw materials and finished goods. The meeting further resolved that the Industrial sector of J&K is not the part of any organization who gave Jammu bandh call on this issue.
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