iconimg Saturday, September 05, 2015

HT Correspondent, Hindustan Times
Srinagar , July 09, 2013
Minister of state for industries and commerce Sajjad Ahmad Kichloo on Tuesday said all arrangements have been completed to make the working of the Lakhanpur toll plaza round the clock. At an interactive meeting with a delegation of the Confederation of Indian Industry (CII), Kichloo said the Lakhanpur toll plaza, which remains reportedly closed from 8.30pm to 8am, will remain open round the clock for the convenience of the industry.

This step will help quick transportation of perishable goods besides decreasing the cost of transportation.

According to an official spokesman, the other issues discussed by the members of the CII with the minister included exemption of entry tax on material handling equipment, import of copper scrap through cross-LoC trade to get exemption from levying of import and export duty just like other LoC trade items, VAT refund and making functional the Inland Container Depot (ICD) at SIDCO complex, Bari Brahmna, functional.

"The CII members also sought application of industrial incentives to the tourism sector, especially incentives like power tariff on concessional rates, income tax exemption and subsidy on generator sets," said the spokesman.

Kichloo said a joint meeting of the finance, tourism, industries and commerce departments shall be convened shortly to sort out various common issues related to the trade and industry. He assured that the members of the CII will be given due representation in industrial advisory boards to ensure that trade and industry is heard and their day-to-day issues are taken care of at regular intervals of time.

The members of the CII who participated in the meeting included vice-chairman, CII Kashmir, Asif Burza; Shiekh Imran, chairman, CII Kashmir zone; Wasim Tramboo, Sanjay Puri, Vivek Bhardwaj, Kurshid Dar, Abid Reyaz Shah, Amit Wanchoo and Balbir Singh.