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| CCI appeals Governor to address demands | | |
Early Times Report
Jammu, Oct 3: Chamber of Commerce and Industry has appealed Governor SP Malik to consider their demand including one time tax on purchase of vehicles according to the new Act.
As per communiqué it has been requested by CCI to Governor to consider the genuine demand raised during the Joint Delegation meeting on September 19,2019 regarding "ONE TIME TAX" on purchase of Motor Vehicles & Review the Implementation of Motor Vehicles Act in the State of J&K. They appealed governor to reconsider and decide on these two above mentioned issues at the earliest as the unilateral decision of "ONE TIME TAX" on purchase of Motor Vehicles from approximately 1.77% to 9% according to last year's tax collection has not only shattered the Automobile Industry but is also threatening 10000 skilled jobs in the State. |
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