Markets were closed across the state during CAIT Bharat Vyapar bandh

Raipur, Feb 26: In pursuance of the call of the Confederation of All India Traders (CAIT) for Bharat Vyapar Bandh, on Friday met with a great grand success across the state when more than 6 lakh traders their shutters closed and no trading activity took place in the market. The call of Bharat Vyapar Bandh was given by CAIT to lodge strong protest of the business community against some of the arbitrary and draconian amendments made in GST Rules on December 22 and thereafter and demanding their immediate deferment.
Confederation of All India Traders (CAIT) state president Amar Parwani, working president Mangelal Malu, Vikram Singhdeo, General Secretary Jitendra Doshi, Working General Secretary Parmanand Jain, treasurer Ajay Agarwal and state media in-charge Sanjay Chaubey said that told that the Bharat Vyapar Bandh called by CAIT got tremendous support from various trade organisations across the state.
The CAIT also protested against unethical business practices of foreign e-commerce companies who are continuously and openly violating the FDI policy much to the disadvantage of domestic trade of the Country.
The CAIT has demanded immediate issuance of a new Press Note to replace Press Note No.2 of the FDI policy plugging the loopholes and escape route to e-commerce companies who are bent upon in violating the law and policy and feels that Indian laws are weak which can be twisted to their side and that too after repeated warning of Union Commerce Minister Piyush Goyal.
Underlining the complexity of the GST law and regulations, Vikram Singhdeo said that the GST which was announced on 1st July 2017 was a simple tax in real terms currently but with more than 1000 amendments in the last four years has made GST a complex system much beyond the understanding of a common trader. Mr. Singhdeo said that if these amendments are implemented, there is a strong possibility that there will be a decrease in revenue from business as there is no provision to correct the unknown error and the department has the right to suspend the GST registration number. He said that CAIT has demanded the Central Government, State Governments and the GST Council that the controversial amendments be kept in abeyance, and trade associations may be taken in confidence at the time of bringing any amendment. Further, to ensure effective implementation of GST and ensuring to provide a conducive business atmosphere, the Government should constitute a GST Committee comprising officials and trade representatives bot at the Central level and State level and a similar GST Committee at every District in the country.

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