Surat textile traders voice support for CAIT's upcoming GST strike
The Confederation of All India Traders has called for a nationwide strike on February 26 against goods and service tax regulations and many textile traders from Surat have chosen to support the move.
Exhausted by what they believe to be constantly changing GST regulations, many Surat-based textile traders have shared that they will support CAIT’s upcoming strike, which aims to urge the central government to readdress the system. CAIT argues that there are irregularities in GST regulations and this is harming traders, TNN reported.
“Majority of the textile traders are supporting the nation-wide bandh called by CAIT against the GST rules,” said the Southern Gujarat Chamber of Commerce and Industry’s textile trade committee advisor Devkishan Manghani, TNN reported. “It is very difficult for the small traders to survive as they have to hire a tax consultant for GST filing.”
GST regulations have been amended over 937 times in the last four years since it was first introduced, according to Manghani. This is confusing for traders and leads to added costs such as having to hire professional help with taxes.
The GST system was designed to be a one nation one tax system but CAIT has termed it a failure and has thus called for the pan-India strike.
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