FRA urges Govt to extend date of amnesty schemes

Excelsior Correspondent

JAMMU, Oct 24: Federation of Retailers Association (FRA) Jammu has appealed the Government of Jammu and Kashmir to extend the date of amnesty schemes till 31st March, 2021.
Addressing a meeting of the executive members of FRA Jammu, its chairman Yash Paul Gupta said that the amnesty schemes were granted by the UT Government with regard to the pending amounts against commercial taxes including sales tax, VAT and service tax, etc., pending amounts of electricity bills and pending amount of water taxes.
He said since these schemes are expiring on 31st October 2020, the Government should extend the date because of the facts that all the economic activities have suffered so much that it will not be possible for the trading community to deposit lump sum amount till the notified date.
“Moreover, the entire process being online the networking of 2G is so slow and cumbersome that there is long queue for getting the proper information from any quarter due to which the required formalities cannot be completed in time,” Gupta said, adding, further the traders are under great pressure of huge loans from banks and other financial institutions.
“Moreover, Government has repeatedly appealed that the services of the employees of the establishments should not be terminated, hence the regular expense of salaries cannot be stopped. Therefore, authorities are again appealed to give a pragmatic and sympathetic consideration by extending the date of amnesty schemes till 31st March 2021,” he asserted.