Partial modification to the manufacturing units in the shape of reimbursement of the Central tax for promotion of small/medium/large scale industries in the State of Jammu and Kashmir - S.O. 72 - Jammu and Kashmir SGST

GOVERNMENT OF JAMMU AND KASHMIR FINANCE DEPARTMENT Civil Secretariat, J K. NOTIFICATION Jammu, the 24th January, 2024 S.O. 72 - In partial modification to notification SRO 521 of 2017 dated December 21, 2017 regarding the Budgetary support to the manufacturing units in the shape of reimbursement of 42 per cent. of the Central Tax paid under the Central Goods and Services Tax Act, 2017, for promotion of small/medium/large scale industries in the State of Jammu and Kashmir, the Government hereby notifies the following amendments, namely : 1. For the words Commercial Taxes wherever appearing in the SRO 521 dated December 21, 2017 the words State Taxes shall be substituted. 2. The Clause 4.1 is recasted as under : The Commissioner State Taxes shall select 33 per cent. of the reimbursement claims received in a quarter for the purpose of inspection by a team constituted for this purpose. The inspection report shall be made available to the Jurisdictional Assistant Commissioner/State Taxes Officer within seven days from the date of inspection. It shall be ensured that each eligible unit claiming reimbursement shall be inspected at least once in a financial year and selection of the unit which are repeated shall be based on higher turnover on random basis or any specific input. The reimbursement claims of eligible units selected for inspection in a particular quarter shall not be processed unless the report from the inspection teams is received. 3. In clause 5.1. the words and figures 15th day shall be substituted by words and figures last day of the succeeding month . 4. In clause 5.1. after the 4th proviso, the 5th proviso shall be inserted, namely : Provided further that the eligible industrial units who have filed their claims beyond the prescribed timelines, before the issuance of this notification, can avail the benefit of the scheme provided that they have filed all the due returns under section 39 of the Jammu and Kashmir Goods and Services Tax Act, 2017 and paid the tax due thereon in time. 5. After clause 5.1, the clause 5.1(A) shall be inserted, namely : 5.1(A) The Assistant Commissioner/State Taxes Officer, as the case may be, after examination of the application, if satisfied on such examination that it is necessary to call for any clarification/documents like invoices, statements, etc., before processing the case, he may call for such information/documents from the claimant dealer through registered e-mail id available on the reimbursement portal and the unit holder shall provide the same within 7 days from the receipt of the intimation by return mail, failing which his claim to that extent shall not be sanctioned. 6. In clause 5.2, the words and figures within one week after the receipt of application , the words and figures shall be substituted, namely : Within (A) fifteen days after the receipt of application in case of units not selected for inspection in a particular quarter. (B) fifteen days from the date of receipt of inspection report in case of unit selected for inspection in a particular quarter. 7. After clause 5.2, the clause 5.2(A) shall be inserted, namely : 5.2(A) The Assistant Commissioner/State Taxes Officer, as the case may be, who has passed an order, may rectify any error which are apparent on the face of record in such order, either on its own motion or where such error is brought to his/her notice by a superior authority or by claimant dealer within a period of six months from the date of issue of such order. For the purpose of this clause, the rectification shall be limited to arithmetical and typographical errors only. No rectification for the past issues shall be enabled/reopened, which are prior to the date of issuance of this notification. 8. In the clause 5.3, for the words by the end of the month in which application is received , the words and figures within 15 days from the receipt of sanction order , shall be substituted. 9. After clause 6.6, the following clause shall be inserted as 6.7 (a) Any industrial unit claiming reimbursement under this scheme who is aggrieved by an order passed by the Assistant Commissioner/State Taxes Officer shall file an appeal against such order before the Additional Commissioner, State Taxes (Administration and Enforcement) of concerned division within 30 days from the date of receipt of such order. The Appellate Authority after giving opportunity of being heard to the aggrieved industrial unit, and after examination of records available with the Jurisdictional Authority shall pass appropriate order within six months from receipt of appeal and shall forward sanctioned amount, if due, to the Nodal Officer designated by Commissioner State Taxes. (b) The order passed by the Appellate Authority shall be final and fully binding on the appellants. This notification shall come in to force with effect from January 23, 2024. By order of The Government of Jammu and Kashmir. Sd/- (Santosh D Vaidya)IAS Principal Secretary to the Government Finance Department