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| JCCI writes to Guv, demands withdrawal of SRO 492 | | |
Early Times Report
JAMMU, Aug 2: President Jammu Chamber of Commerce and Industry (JCCI) Rakesh Gupta in a communication to the Governor, urged to pass on urgent necessary directions to the concerned to immediately withdraw the anti-people and anti-business SRO 492, dated August 1, 2019 issued by the Principal Secretary, Transport Department directing that the tax shall be levied on Motor Vehicles using any public roads in the state at 9 and 10 percent.
The communication reads, "We would like to bring to your notice for your immediate personal attention that the SRO 492 dated August 1, 2019 issued by the Principal Secretary Transport Department directing that the tax shall be levied on Motor Vehicles using any public roads in the State of J&K @ 9% and 10% has left us stunned and shocked."
"It is known to all that the deteriorating economic situation nationwide has already hit the Automobile Sales and such irrational and unilateral decision by some quarters of your administration are neither logical nor acceptable," it further states adding that this steep hike in onetime tax is ultimately going to be paid out of the pockets of a common man and shall ultimately lead to loss of sales further which shall mean collapse of many business houses who have invested heavily mostly through banking institutions.
The communication requested Governor to pass on urgent necessary directions to the concerned to immediately withdraw this "anti-people and anti-business SRO" with immediate effect. |
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