As the government on Monday ordered constitution of a committee to examine imposition of toll tax levied at Lakhanpur post, the industrialist bodies in both Kashmir and Jammu divisions have opposed revocation of the entry tax arguing “it would prove fatal for local industry.”
While as the Kashmir Chamber of Commerce and Industries has “questioned the composition of the committee.”
Post-implementation of Goods and Services Tax (GST) which subsumed all other indirect and direct taxes, the state government which was led by PDP-BJP government at the time of implementation of GST, kept in place the toll tax in order to provide level playing field to the local industry in the state with the big companies and MNCs, as it is already suffering due to geographical disadvantage.
