SRINAGAR: To facilitate “early revival” of the flood-devastated tourism infrastructure, the state government Tuesday announced exemption for the hoteliers from paying entry tax on import of “construction, expansion, or modernisation” material.
“As ordered by the Governor N N Vohra, the Finance department has issued a SRO 21 exempting payment of Entry Tax…for goods imported for construction, expansion and modernisation of hotels,” an official handout issued here said.
SRO 21, it said, has been issued in supersession of SRO 88 of March 25 2008, and shall apply to the goods “not available locally.”
It said the hoteliers seeking exemption to approach the Director Tourism concerned along with the list of the items and their quantities to be imported.
“The concerned Directors, after satisfying themselves that such goods are not locally available, shall submit their recommendations to Commissioner Commercial Taxes within seven days of the receipt of application from the hoteliers,” it said. “The Commissioner Commercial Taxes, on receipt of recommendations shall dispose the issue on its merits within seven days.”
Meanwhile, under a different Ordinance, SRO 22, the government has also exempted the hoteliers from paying entry tax on furniture, office equipment” purchased from outside the state.
“…The Finance department has issued SRO 22 exempting payment of Entry Tax…on furniture, office equipment, and goods imported into the state by hoteliers to replace the goods destroyed during the recent floods,” the handout said.
“The exemption shall be available up to February 28,” it added.
The exemption shall, however, be available only in respect of the hoteliers “who apply to the concerned Director Tourism with a list of the goods and their quantities damaged during the floods in 2014,” it said.
“The Director, after satisfying himself that such goods, claimed as replacement…were damaged due to the floods and, inter-alia, verify the Insurance Claims and other relevant documents in support of the claims made by the applicants, within seven days from the receipt of the applications from hoteliers, and furnish his recommendations to Commissioner Commercial Taxes who, in turn, shall settle the issue on merits within three days,” it added.