Association of Industries (AOI) Gangyal, Jammu appeals for SGST refund for Micro and Small industries of J&K State.

TNN Bureau. Updated: 10/12/2017 4:46:30 PM Press Release

An emergency meeting of the Association of Industries Gangyal , Jammu was held under the chairmanship of Vice President, Bansi Lal Gupta today at AOI Bhawan, Gangyal, Jammu to discuss the fallout of the scheme of budgetary support under the GST regime issued by Department of Industrial Policy Promotion (DIPP), Government of India. In the meeting the scheme was discussed threadbare and members of the firm opinion that the notification of Central Govt. is an eyewash and no benefit is visible in the Scheme for the industry.

In the Meeting, the members present asked the office bearers of the Association to request the State Govt. to issue SRO / Notification of SGST refund at the earliest. As the micro and small industry has paid GST taxes for two months and their CC limits has already exhausted and if the already paid GST not refunded, the industry will be unable to pay the taxes for the month of September-2017.

Further, the members also asked the office bearers to request the Ho’ble Chief Minister Madam Mehboba Mufti to approach the Central Govt. for issuance of fresh notification, so that new industry can be set up in J&K for the development of the State as there is nothing in the notification dated 05th October-2017 for the industry. The Meeting was attended by other office bearers of the Association Ashok Jain (Vice President), Pardeep Vaid (General Secretary) and Sandeep Ohri (Secretary) and other prominent members present in the meeting were Balbir Gupta (Ex-chairman, FOI-Jammu) , Sdr. Tejwant Singh Reen (Ex-chairman, FOI-Jammu) , Anil Gupta and Ganesh Koul (Ex-Senior Vice President, AOI), Kuldeep Ohri (Ex-General Secretary, AOI) and other senior members of the Association.

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