Excelsior Correspondent
JAMMU, July 20: Asserting that snapping of internet services in Jammu province has resulted in huge business losses, the Chamber of Commerce and Industries (CCI), Jammu today urged Finance Minister Haseeb A Drabu to extend the date for filing of VAT returns and depositing of VAT tax at least by three months, in the wake of turmoil in valley.
The members of trader organisation demanded extension in the date for filing of VAT returns and also extension in the date for depositing of VAT tax at least by three months as all the money has been blocked due to the prevailing situation in Kashmir Valley.
”It was also conveyed that in this situation, business houses in the State shall not be in a position either to file VAT returns or deposit VAT tax,” observed the meeting, held to review the quantum of business losses so far, because of the turmoil in Kashmir Valley. The members also condemned the snapping of internet services in Jammu province.
Chamber President Rakesh Gupta urged the administration to immediately restore internet services in Jammu province, which has resulted in huge business losses. “Moreover, the members observed that Jammu province was fully cooperating with the administration and the Government and so far, is totally peaceful.
“Hence, the internet services should be restored without any further delay, otherwise the Chamber shall be forced to take appropriate action,” resolved the members in the meeting.
The meeting was attended by office bearers of CCI namely, Sham Lal Langer, senior vice president, Deepak Aggarwal junior vice president, Arun Gupta- secretary general, Rahul Mahajan- secretary and Ashu Gupta- treasurer besides representatives of prominent trade associations.
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