Excelsior Correspondent
JAMMU, Jan 5: Small Scale Industries Association (SSIA) here today has demanded a special package of incentives to micro units claiming that these units are on verge of closure.
SSIA president, Jatinder Aul and general secretary, Anil Modi demanded intervention of Lt. Governor, Manoj Sinha to initiate immediate steps to help such units.
Chairing a meeting of executive committee of SSIA, Aul said they have sent a memorandum to the Lt. Governor listing problems faced by micro units and sought their redressal on urgent basis.
Seeking 100 per cent GST (SGST+IGST) exemption to existing micro units, he said earlier, the incentive of 100 per cent VAT remission was available to micro sector which is withdrawn in GST regime.
“Now, only SGST is refunded on value addition only and after depositing GST which is released after lengthy process of documentation,” Aul maintained adding that exemption of 100 per cent GST (IGST) to micro units would help promoting their export to compete in national market.
SSIA president further said that in every industrial package most of the incentives are given to fresh units perhaps to attract new investment in industrial sector but the existing ones are always left high and dry. “Jammu has about 90 per cent micro industrial units which hardly get 10 per cent incentives while 90 per cent incentives go to other 10 per cent units,” he further said.
Among other demands of SSIA was 100 per cent transport subsidy for sale of goods outside J&K, waiving off of 3-year turnover clause incorporated in government tenders for micro units and simplifying of registration process for allowing additional line of activity by existing micro units.
Still more demands of SSIA included permission for trading of related items or other items by micro units in their unit premises to make them financially viable.
Aul urged upon the Lt. Governor to give urgent attention to micro industrial sector as it is imperative to help making the existing micro units financially viable as they constitute the foundation of any industrial policy.
SSIA vice president, Deepak Gupta; Sanjay Chopra, Parveen Jain and Ved Sharma were also present in the meeting.
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