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LATEST NEWS UPDATES | Traders to hold nationwide protest against hike in taxes

Traders to hold nationwide protest against hike in taxes

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published Published on Jul 19, 2022   modified Modified on Jul 19, 2022

-The Telegraph

PM Modi’s Gabbar Singh Tax is the best example of his modus operandi — talk big, and when it’s time to act, make things worse: Congress

Traders and shopkeepers will hold a nationwide protest next week against a hike in taxes on a range of products, including food grains and household items, and services that kicked in from Monday.

“The 5 per cent goods and services tax on a range of food products and the increase in the rates on other household items has magnified the inflation burden on the public and traders,” said Pravin Khandelwal, president of the Confederation of All India Traders (CAIT), which represents more than 10 million small shopkeepers and wholesalers.

Items of everyday consumption like curd, lassi and puffed rice (muri) will now attract GST at the rate of 5 per cent when “pre-packaged and labelled”.

The Centre tried to appease the irate traders by clarifying that commodities and food items such as pulses, cereals, rice, wheat or flour in a single package containing a quantity of more than 25kg or 25 litres would not fall in the category of “pre-packaged and labelled commodity”. But the relaxation failed to mollify small traders and shopkeepers who have always been seen as a key support base for the Modi regime.

Khandelwal said CAIT members would launch a nationwide series of protest meetings on July 26, starting from Bhopal.

The Congress was quick to seize the opportunity to again dub the tax as the Gabbar Singh Tax — a moniker characterised by the villainy of the popular bandit in the movie Sholay.

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The Telegraph, 19 July, 2022, https://www.telegraphindia.com/india/traders-shopkeepers-to-hold-nationwide-protest-against-hike-in-taxes-on-range-of-products/cid/1875379


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