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Committee set up to examine state toll tax in J-K

Press Trust of India  |  Jammu 

The and administration Monday constituted a committee under the chairmanship of the of and Commerce Department, Jammu, to examine the state toll tax, an order issued by (GAD) read.

The committee, having three representatives of the Chamber of Commerce and Industry, was directed to submit its report by March 1, the order said.

It added that the committee would examine the level of toll tax being levied on various products entering the state, production of those products within the state, export of locally produced products from the state and modification, if any, as may be needed in the levy of toll tax.

Additional commissioner, (Administration and Enforcement, Kashmir), additional commissioner, (Administration and Enforcement, Jammu) and representatives of the Directorate of Industries, Kashmir, would be other members of the committee, the order said.

"The committee shall submit its findings to the of the and Commerce Department by March 1," it said.

Lobby groups of traders and industrialists have locked horns over the demand for removal of toll tax at Lakhanpur, which generates a revenue of over Rs 1,000 crore annually.

While the Chamber of Commerce and Industry (JCCI) has threatened to start an agitation if the governor's administration failed to implement 'one nation one tax' by abolishing the toll plaza, the Federation of (FOIJ) and the Federation Chamber of Industries (FCIK) has said such a move would be a death knell for the local industry and demanded its continuation.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 17:46 IST