Kashmir Industry asks government end disparity in tax concessions

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As the state government is approaching a new budget date on January 11, the Federation Chamber of Industries Kashmir (FCIK) is demanding that the disparity created by two SROs should be addressed at the earliest. They said some of the units are on the brinks of closure because pf the bag economic environment and the twin SROs are adding to their crisis.

“The government issued two SROs – No 519 and 521, under which they would be offering tax concessions in both CGST and SGST to select units operating in the state,” Mukhtar Yousuf, FCIK president said. “We are asking the government why it will not extend to these concessions – at least in the SGST, to the units operating in the state.” They said they are seeking full reimbursement on SGST on the full bill amount..

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    As the state government is approaching a new budget date on January 11, the Federation Chamber of Industries Kashmir (FCIK) is demanding that the disparity created by two SROs should be addressed at the earliest. They said some of the units are on the brinks of closure because pf the bag economic environment and the twin SROs are adding to their crisis.

    “The government issued two SROs – No 519 and 521, under which they would be offering tax concessions in both CGST and SGST to select units operating in the state,” Mukhtar Yousuf, FCIK president said. “We are asking the government why it will not extend to these concessions – at least in the SGST, to the units operating in the state.” They said they are seeking full reimbursement on SGST on the full bill amount.

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    - Rolling Frames Entertainment - (https://rfetv.in)
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    Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
    Director: Ojaswwee Sharma

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    - Editor: Bhasker Pandey
    - Cinematography Team:
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    Harjas Singh Marwah
    Surinder Singh
    - Subtitles: Diveeja Sharma

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    Watch the full film 'SAMARPAN' online on
    - Rolling Frames Entertainment - (https://rfetv.in)
    - VEBLR - (https://veblr.com/)
    - ASHI, Haryana's website - https://ashi-haryana.org/

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    Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
    Director: Ojaswwee Sharma

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    - Associate Director: Rohit Kumar
    - Editor: Bhasker Pandey
    - Cinematography Team:
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    Harjas Singh Marwah
    Surinder Singh
    - Subtitles: Diveeja Sharma

    For Pinaka Mediaworks LLP (India)

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    Watch the full film 'SAMARPAN' online on
    - Rolling Frames Entertainment - (https://rfetv.in)
    - VEBLR - (https://veblr.com/)
    - ASHI, Haryana's website - https://ashi-haryana.org/

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    Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.

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    Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
    Director: Ojaswwee Sharma

    Production House - Pinaka Mediaworks LLP
    - Associate Director: Rohit Kumar
    - Editor: Bhasker Pandey
    - Cinematography Team:
    Raman Kumar
    Harjas Singh Marwah
    Surinder Singh
    - Subtitles: Diveeja Sharma

    For Pinaka Mediaworks LLP (India)

    - Co-founder & CFO: Sunil Sharma
    - Brand Communication Head: Diveeja Sharma
    - Head of Post Production: Bhasker Pandey
    - Legal Advisor: Vishal Taneja

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