New Delhi: All commercial markets across the country will remain closed today on February 26 in view of the Bharat Bandh called by the Indian traders’ bodies in protest against GST, fuel price hike, E-Way Bill. Over 40,000 traders’ associations across the country will reportedly support this Bandh, demanding a review of the provisions of the goods and services tax (GST) regime.
The Indian traders’ body Confederation of All India Traders (CAIT) in a statement announced that over 8 crore traders belonging to more than 40,000 trade associations across the country will observe the ‘Bharat Vyapar Bandh’ to protest against some of the “draconian, arbitrary and critical” amendments made recently in GST rules. All India Transporters Welfare Association (AITWA) will also support CAIT’s Bharat Bandh call and hold a ‘Chakka Jam’ on Friday.
The CAIT said the traders will stage dharnas (protests) at as many as 1,500 places across the nation on February 26, demanding the Centre, state governments and the GST Council to keep in abeyance the “draconian” provisions of GST.
Demands put forward by CAIT includes a review of the GST system and its tax slabs to simplify and rationalise it for easier compliance by traders. CAIT Secretary-General Praveen Khandelwal said it is also talking to the government on this issue, “All commercial markets across the country will remain closed and protest dharnas will be organised in different cities of all states,” adding that All India Transporters Welfare Association (AITWA) will also support CAIT’s Bharat Bandh call and hold a ‘Chakka Jam’ on February 26.
Furthermore, the AITWA has also asked the ruling-government to abolish E-Way Bill and track vehicles by using Fast-Tag connectivity to E-Invoice and to scrap the penalty on transporters for any time-based compliance target of transit and make diesel prices uniform across the country.
However, ‘Bharat Vyapar Bandh’ wouldn’t be supported by all the traders’ bodies as representatives from ‘Federation of All India Vyapar Mandal’ and the ‘Bharatiya Udyog Vyapar Mandal’ will reportedly not join this nationwide protest against GST and e-commerce.