FOIJ delegation meets Bhardwaj, discusses several issues including land lease rights conversion into freehold

05-09-2022 : A Delegation of Federation of Industries, Jammu under the Chairmanship of Sh. Lalit Mahajan, Chairman, along with  Sh. Rajesh Jain, Sh. Deepak Dhawan,  Sh. Jatinder Aul Co-Chairman, Sh. Virendra Jain Secretary General and other Executive Committee Members of FOIJ in the presence of Sh. Sham Lal Langer, Convenor Industries & Trade Cell BJP JKUT, met Sh. Vivek Bhardwaj, IAS Financial Commissioner (Additional Chief Secretary), Finance, Industries & Commerce Department, at his Office Chamber.

 Mr. Mahajan appreciated the Steps taken by the Industries & Commerce Department under the able guidance of Sh. Vivek Bhardwaj, (IAS)  for the speedy growth of the Industrial Sector in JKUT as per the Package of Incentive 2021 notified by Govt. of India and the Package of Incentives under the Industrial Policy 2021-30 of Union Territory of Jammu & Kashmir.

 During the course of discussions the  issues related Industries and Finance Department highlighted for early resolution which includes Conversion of Lease Holder Rights of Industrial Units into Free Hold, Marketing Support to Industrial Sector in the local purchase, Pending Registration/ Reimbursement Claims with DPIIT under Package of Incentives IDS-2017, Extension of Central Package 2021 to Existing Industries under Substantial Expansion, Annual Maintenance Cost Imposed by J&K SIDCO/SICOP for Existing Industries, Deposit of 100% land Premium for the allotment of Land to Prospective Investors, Industrial Representation in the Boards, Proposed Hike in Power Tariff, Extension in validity of Provisional Registration period beyond 30th June 2022, One Time Opportunity for the Sanction of Time-Barred GST Reimbursement Claims against SRO No.-519/521/63 & 431 (up to 31-03-2021) pending with the State Tax Department Jammu, Reimbursement of Amount deducted by the State Tax Department from the Budgetary Support Claims under SRO No.  519/521 and 63 in the light of Clarification No. FD-ST/29/2022-23 dated 26-04-22 issued by the Finance Department and requested for early resolution of the issues raised by FOIJ.

Sh. Vivek Bhardwaj, IAS, Financial Commissioner (Additional Chief Secretary), Finance, Industries & Commerce Department, gave a patient hearing in respect of the issues raised by FOIJ.

The other members present in the Delegation are Sh. Tarun Singla, Sr. Vice President, Bari Brahmana Industries Association, Sh. Ajay Langr, Vice President, Bari Brahmana Industries Association, Sh. Gagan Jain General Secretary, Birpur Small Scale Industries Association, Sh. Sanjay Chopra, Sr. Vice President, SSI Association Digiana, Sh. Sanjay Gupta and Sh. Singh Co-Convenor Industries & Trade Cell BJP JKUT.

land lease rights
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