Thursday, April 25, 2024
 
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Entry Tax exempted for replacement of furniture & goods destroyed due to floods
Jammu, January 27, (Scoop News)-As ordered by the Governor, N.N. Vohra, the Finance Department has issued SRO 22 exempting payment of Entry Tax leviable under “Entry Tax on Goods Act, 2000”, (Act No. IV of 2000) on furniture, office equipment and goods imported into the State by Hoteliers to replace for such goods as were destroyed during the recent floods. The exemption shall be available upto 28th February 2015.


A Raj Bhavan Spokesman added that this exemption shall be available only in respect of Hoteliers who shall apply to Director Tourism of the concerned Division with a list of the goods and the quantities damaged during the floods in 2014. The concerned Director, after satisfying himself that such goods, claimed as replacement under the aforesaid SRO, were damaged due to the 2014 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 is envisaged that this exemption will enable early revival of tourism infrastructure damaged during the recent floods, the Spokesman added.
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