The Confederation of All India Traders (CAIT) described the GST “one of the most complex taxation systems”.
New Delhi: The Confederation of All India Traders (CAIT) will on 26th February observe a shutdown against Goods and Services Tax (GST). The All India Transport Welfare Association (AITWA), one of the foremost apex bodies of India’s Road Transport Sector, has also extended support to ‘Bharat Bandh’ and hold Chakka Jam, or road blockade, on the same day.The CAIT called the GST “one of the most complex taxation systems, which has resulted in misery to traders”.
In a statement, the CAIT said: “Repeated statements of CAIT were never responded by the GST Council, which has generated a feeling among the traders across the country that the council has its own agenda and it is not interested in obtaining the cooperation of traders. We highly regret such a dismal picture of GST and which has compelled the trade leaders attending the conference to call for a Bharat Trade Bandh.”“The GST Council has not only pampered various anomalies and distortions in ‘one nation-one tax’ principle of GST but has not taken any step to simplify the GST taxation system. The only aim of the GST Council so far is how to get more revenue and how to load the traders with more compliance burden without considering the ground realities of trade in India,” it added.
Albeit noting that the GST is a progressive taxation system, yet traders said that they want it to be without anomalies, disparities, glitches, and distortions.“Time and again, CAIT has expressed its view that the tax net of GST should be widened resulting into more revenue to the government but it is possible only when the GST is simplified to the extent that even a small trader operating his business activities at remote area could also be able to comply with GST without any external help,” said the statement.