FCIK demands reimbursement of pending GST claim of industrialists

In a letter sent to Principal Secretary, Finance Department, FCIK has said many units are on brink of closure due to the same and may be declared NPA by financial institutions.

GKNN
Srinagar, Publish Date: Nov 13 2018 9:23PM | Updated Date: Nov 13 2018 9:23PM
FCIK demands reimbursement of pending GST claim of industrialistsRepresentational Pic

Federation Chambers of Industries Kashmir (FCIK) has asked the state government to reimburse the pending GST claim of industrialists on provisional basis.  

In a letter sent to Principal Secretary, Finance Department, FCIK has said many units are on brink of closure due to the same and may be declared NPA by financial institutions.  "The government at present has funds available which are likely to lapse on 14th November 2018 if the same are not disbursed," the letter reads. 


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