‘Include GST exemptions in JK’s Industrial Policy’

‘Include GST exemptions in JK’s Industrial Policy’

SAMBA: Representatives of different industrial bodies Saturday called on Minister for Industries and Commerce, Chander Parkash Ganga and apprised him with their demands pertaining to extension of subsidies regarding Toll and GST on raw material for the industrial units established in state. This was stated in a press note issued here.
According to the document, the members demanded that toll tax and GST exemptions be included in the State’s Industrial Policy as rates of imported raw material were volatile and domestic industries needed incentives for sustenance.
The minister assured that the government was continuously working towards improving the business scenario in the state. “Your demands shall be looked into and suitable action shall be taken to address in a time bound manner,” He said.

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