Excelsior Correspondent
JAMMU, Dec 7: While supporting continuation of Toll Tax at Lakhanpur, Federation of Industries Jammu (FoIJ) has said that Toll Tax at J&K–Punjab border is a safeguard for J&K industrial sector.
A meeting of the FoIJ was held under the chairmanship of Lalit Mahajan chairman FoIJ in presence of Rattan Dogra, Vijay Aggarwal, Deepak Dhawan, Jetinder Aul, Pardeep Vaid, Ajay Langer and other Executive Committee members of the Federation with regard to continuation of Toll Tax at Lakhanpur.
Federation has shown concern in respect of repeated attempts of some vested interests who are bent upon to destroy the Industrial sector of J&K by raising their voice for the removal of Toll Tax at Lakhanpur with their ill designs to allow the import/export of unaccounted goods in and outside the State which may be resulting huge Financial loss to the State exchequers as well as to the Industrial sector of the State. This also a big challenge for the people who are working in our State in spite of all the odds and facing stiff competition from the manufacturers/ traders from outside the State.
The FOIJ members maintained that the Toll Post is working as a tool to stop the import of unaccounted goods. Lalit Mahajan, chairman of the FOIJ while supporting Toll Tax said that the it is safeguard for the Industrial sector to check the import and export of unaccounted goods, contraband and other banned items to and fro from other parts of the country and it State Govt withdraws the Toll Tax at Lakhanpur Checkpost, the whole State shall be flooded with the unaccounted goods and other related material.
It was strongly resolved in the meeting that Govt should not remove Toll Tax Checkpost at Lakhanpur and the Toll exemptions should be continued in GST regime to the existing as well as new industrial units to compensate the additional transportation cost on the raw materials and finished goods. The FoIJ also sought intervention of the Governor into the matter.