The Confederation of All India Traders (CAIT) has written a letter to Prime Minister Narendra Modi seeking his intervention on the issue of Goods & Services Tax (GST) and streamlining e-commerce rules and policies.
The traders’ body has already announced a “Bharat Vyapar Bandh” on 26 February on issues “pertaining to complicated GST taxation system and vitiated e-commerce market”.
In its letter, the confederation has sought the PM’s “immediate intervention to simplify GST taxation system and streamlining the e-commerce rules and policies to save the domestic trade from the clutches of malpractices of big e-commerce companies”.
The CAIT has also appealed to PM Modi to “break the unholy nexus between Banks and e-commerce companies who are co-partners in violation of the law and policy of the government”.
CAIT national president B.C. Bhartia and secretary general Praveen Khandelwal highlighted the fact that in their discussions with late Union minister Arun Jaitely, prior to the implementation of GST, they were assured that it would end the “woes and suffering” of traders and that they would be required to upload their sales statements on GST portal only once