Categories: Economy

Traders to launch a month long campaign against GST and ecommerce firms

<p>
The Confederation of All India Traders (CAIT) has decided to launch a national campaign against the complicated goods and services tax and alleged malpractice of e-commerce companies. The campaign, which will be kicked off on March 5, will be carried on for a month with a focus on the states. According to CAIT, several state governments have distorted the GST practice to suit their own interests.</p>
<p>
In a statement the traders’ body said that “these issues are directly related to the eight crore traders of the country” and until “logical resolution of these two issues is achieved, this movement will continue”.</p>
<p>
CAIT added that traders across the country have been hit by the provisions of GST and the constant arbitrariness of foreign companies in e-commerce. If the issues are nor resolved, many traders will be forced to shut their businesses.</p>
<p>
Retailers across the country have been hit by the Coronavirus pandemic. Since elections will be held in five states in the next few months, this issue could become a critical one, CAIT warned. “The trading community holds a huge majority in strength and numbers and can be a deciding factor for the victory and defeat of any political party,” the association said.</p>
<p>
 </p>
<p>
 </p>

IN Bureau

Recent Posts

India, Iran sign long term contract for operations at Chabahar Port to boost regional connectivity

In a significant milestone for the India-Iran relationship and to foster close cooperation to make…

8 mins ago

India provides budget support to Maldives on USD 50 million loan for additional year

The Indian government on Monday provided a budget support to Maldives in the form of…

1 hour ago

“It will clear pathway for bigger investments”: EAM on crucial Chabahar port pact with Iran

As Union Minister Sarbananda Sonowal on Monday departed for Iran for the expected signing of…

2 hours ago

“Open to investigation”: EAM Jaishankar denies receiving evidence of Indian involvement in Canada’s Nijjar killing

External Affairs Minister S Jaishankar has once again denied receiving any evidence implicating Indian nationals'…

2 hours ago

“PoJK was, is and always will be part of India”: EAM Jaishankar amid ongoing protests in Muzaffarabad

Amid the intensified protest against the Pakistan government in Pakistan-occupied Jammu and Kashmir, External Affairs…

2 hours ago

India-France joint military exercise ‘Shakti’ commences in Meghalaya

The 7th edition of the India-France Joint Military Exercise "Shakti" is set to commence on…

3 hours ago