April 18, 2021
Home  »  Website  »  National  »  Traders' Bodies Split Over Joining Today's Bharat Bandh

Traders' Bodies Split Over Joining Today's Bharat Bandh

While CAIT claimed that more than 8 crore traders will join the Bharat Bandh, other traders' bodies said they have not extended support to the Bandh.

Google + Linkedin Whatsapp
Follow Outlook India On News
Traders' Bodies Split Over Joining Today's Bharat Bandh
Representational image.
PTI
Traders' Bodies Split Over Joining Today's Bharat Bandh
outlookindia.com
2021-02-26T09:34:12+05:30

The Confederation of All India Traders (CAIT) had announced a bharat bandh on February 26, however, a mixed response is expected to the 'Bharat Vyapar Bandh' on Friday with traders' bodies split over joining the nationwide shutdown call to protest against the issues related to GST and e-commerce.

CAIT wrote to Prime Minister Narendra Modi on Sunday raising issues related to the GST regime, and alleging violation of e-commerce rules by major e-tailers.

While CAIT claimed that more than 8 crore traders belonging to over 40,000 business organisations across the country, including Delhi, will join it by shutting their commercial establishments, other traders' bodies said they have not extended support to the Bandh.

According to CAIT, the Bandh is being supported by the All India Transport Welfare Association, representing nearly 1 crore transporters. The Hawkers Joint Action Committee, a national organisation of hawkers, has also supported the cause, it stated.

However, representatives from other traders' bodies like the Federation of All India Vyapar Mandal and the Bharatiya Udyog Vyapar Mandal told PTI they have not extended support to the Bandh.

CAIT Secretary General Praveen Khandelwal said about 1,500 big and small organisations from all states across the country will protest against GST amendments.

To ensure that the people of the country should not have any inconvenience due to the Bharat Vyapar Bandh, the CAIT has excluded essential services such as medicine shops, milk and vegetables shops from the bandh, he added.

On the other hand, the Federation of All India Vyapar Mandal (FAIVM), which represents traders and retailers, stated that it has not extended support to the Bandh.

FAIVM National General Secretary V K Bansal said it is not in favour of shutting shops in support of some of its demands, although FAIVM accepts and recognises that GST has deviated from its original objective in the past 43 months.

He shared that traders are facing difficulties in taking input tax credit (ITC) and bearing additional financial burden due to denial of ITC.

"Illogical and huge penalties on small error, threat of cancellation of GST registration, not giving opportunity to rectify error in GSTR (GST return) are some of the trouble-making provisions," Bansal said.

He added that all such difficulties are being brought to the notice of the government continuously, and a memorandum was also submitted on February 22 to Prime Minister Narendra Modi through district magistrates from about 200 districts, demanding that the GST law should be re-written.

If the government does not take any action, a reminder memorandum will again be sent to the prime minister through 500 districts, Bansal said.

Bharatiya Udyog Vyapar Mandal Delhi General Secretary Rakesh Yadav said it has not extended support to the Bandh and has submitted a memorandum on the GST-related issues to the government.

"There should be continuous dialogue with the government. The era of hartals is over," said Yadav adding that the organisation has a presence in 28 states across the country.

(With PTI inputs.)


For in-depth, objective and more importantly balanced journalism, Click here to subscribe to Outlook Magazine
Next Story >>
Google + Linkedin Whatsapp

The Latest Issue

Outlook Videos