The Confederation of All India Traders (CAT) has announced the India trade off on 26 February against the distorted form of GST. Supporting this bandh, the All India Transport Welfare Association, the largest organization in the transport sector, has announced to block the country on February 26, supporting the India trade off of CAT. The statement said that in Nagpur, a three-day national business conference organized by CAT, which started in Nagpur from Monday, has been jointly attended by more than 200 prominent business leaders from all the states of the country.
This announcement has been done jointly by National Chairman of Bharat Kat Bhartia and National General Secretary Praveen Khandelwal and National President of All India Transport Welfare Association Pradeep Singhal.
Kat told GST the failed system
Bhartia and Khandelwal accused the GST Council of distorting the nature of GST for its own benefit, saying that GST is completely a failed tax system. The basic form of GST has been played with. All state governments are more concerned about their vested interests and have no concern about the simplification of the tax system.
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He said that instead of doing business, the traders of the country are busy in following the GST tax, which is the opposite situation for the country’s economy. In such a situation, there is a need to rethink the present form of GST. According to the statement, after amending more than 937 times in four years, the basic structure of GST has changed. The GST Council has not yet taken any cognizance of the issues raised by CAT despite repeated calls, hence traders have announced the India trade-off to convey their points to the people across the country.