PHDCCI Jammu chapter expresses gratitude to Lt Governor and key officials for releasing pending 52 Crores SGST reimbursement
May 24, 2024
JAMMU: The PHD Chamber of Commerce and Industry, Jammu Chapter, extends its heartfelt gratitude to Lieutenant Governor Manoj Sinha, Atal Dulloo, Chief Secretary, Santosh D. Vaidya Principal Secretary of Finance Department, Vikramjit Singh Commissioner Secretary industries and Commerce Department, Mahesh Dass Director General of Accounts and Treasuries, PK Bhat Commissioner GST J&K for their pivotal role in facilitating the release of the long-pending SGST reimbursement of Rs. 52 crores.
Rahul Sahai, Chair of the PHD Chamber of Commerce and Industry (PHDCCI), Jammu Chapter, lauds the timely intervention and unwavering support from the esteemed officials and specially Arun Manhas, Director Industry Jammu and Industry Department in Conducting Investors meet which is a monthly affair and addressing the financial needs of the business community.
The reimbursement, which was pending since the second quarter of the last year, will significantly ease the financial strain on numerous businesses across Jammu and Kashmir.
"We are immensely thankful to Lieutenant Governor, Chief Secretary, Principal Secretary of Finance and Director General of Accounts and Treasuries for their concerted efforts in releasing the SGST reimbursement. This timely disbursement will provide a much-needed boost to the business community, especially in these challenging times and requested to release it on regular basis now ," said Sahai.
He further added, "The release of Rs. 52 crores is a testament to the government's commitment to fostering a business-friendly environment in Jammu and Kashmir. This reimbursement will not only enhance the liquidity of businesses but also contribute to the overall economic development of the region."
The PHD Chamber of Commerce and Industry, Jammu Chapter, looks forward to continued cooperation and support from the government to address other pressing issues faced by the business community. The chamber remains dedicated to working alongside the government to create a conducive environment for trade and industry in Jammu and Kashmir.
