Guv headed SAC grants Toll Tax exemption for special development projects

JAMMU: Governor Satya Pal Malik headed State Administrative Council, which met here on Friday, accorded sanction to the exemption of Toll Tax on machinery, equipment and key input materials being brought to the State for special projects like those under PMDP, National Highways, Airports, Railways, Educational and Medical Institutions etc.

Such exemption will only be granted if the executing organ of the Central Government or the State directly seeks such exemption in advance specifying numbers or volume of machinery, equipments or key input materials being brought. Such exemption will not be granted, if applied directly by the contracted executing private firms. (AGENCIES)