Jammu MSMEs meet Commercial Tax Department Commissioner to discuss taxation, GST related issues
New Delhi, Aug 10 (KNN) A delegation of Federation of Industries, Jammu (FOIJ) met the Commissioner, Commercial Tax Department, M. Raju (IAS) to discuss taxation issues faced by industries in Jammu & Kashmir.
The delegation also discussed about one time opportunity to file GST refund claims for the period 08-07-2017 to 31-03-2018 and reimbursement of CGST/SGST state budgetary support to industrial units of J&K in the light of Court Interim Order on Employment Clause.
The delegation raised issues regarding the delay in the release of provisional amount of SGST/CGST refund claim of eligible units as assured by the government resulting blockage of working capital of the units since last one year.
The other issues discussed during the meeting included denial of budgetary support to industrial units engaged in the roasting of groundnuts by commercial tax department Jammu, denial of budgetary support to industrial units engaged in the manufacturing of cement bricks & cement tiles, extension of time in respect of amnesty for settlement of unresolved issue in the old tax regime for smooth implementation of GST as per Govt. Order No 304 FD of 2018 dated 12-07-2018.
With regard to the above mentioned issues, M. Raju has assured the delegation to resolve the issues on priority basis.