CCI opposes tax on towels, shawls

Excelsior Correspondent
JAMMU, June  22: Chamber of Commerce and Industry  Jammu has strongly opposed the recently imposed tax on shawls and towels by the State Finance Department.
In a press statement issued here, president Jammu Chamber,  Y V Sharma  said that any tax on the items is generally imposed with the beginning of a fiscal year. It should have done from Ist of April. Imposing VAT on towels and shawls hardly 15-20 days back is highly unjustified and unfair.  He said the traders are being harassed at Lakhanpur by the Sales Tax authorities on the pretexts of VAT / Tin No. etc.  The officials at Lakhanpur have  stopped the goods causing inconvenience.
The Chamber president said that sufficient time should be given to the traders in case Government wants to impose tax in mid year. He appealed the Government to review its decision and not impose tax in the middle of the year and it should be done during passage of the budget. The CCI strongly opposed the imposition of tax at the rate of 13.5 % on shawls and 5% on towels.