All the commercial markets across the country will remain closed across the country on 26 February
Traders across the country will go on a day-long strike on Friday, all the commercial markets across the country will remain closed across the country on 26 February.
Here are the full details of the strike:
(With inputs from IANS)
1. Traders demand review of provisions of GST
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Traders across the country are demanding a review of the provisions of the goods and services tax (GST) regime.
It also wants the government to rectify glitches in e-commerce for preventing the violation of law by foreign e-commerce companies.
2. 8 crore traders belonging to more than 40,000 trade associations will observe bandh
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In a statement, the Confederation of All India Traders (CAIT) the umbrella body which has called for the strike said that over 8 crore traders belonging to more than 40,000 trade associations across country will observe the `Bharat Vyapar Bandh` to protest against some of the "draconian, arbitrary and critical" amendments made recently in GST rules.
3. 'Chakka Jam' also annouced by transport sector to support the strike
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The All India Transport Welfare Association (AITWA) an apex body of 1 crore transporters have already supported the strike and has also announced `Chakka Jam` of transport sector on Friday all over India.
4. No traders will login to GST portal to register their protest.
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`dharna` will be held in more than 1,500 towns and cities across states and no traders will login to GST portal to register their protest.
5. Who else is supporting the protest?
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CAIT Secretary General Praveen Khandelwal said that not only traders but even small industries, hawkers, and women entrepreneurs among others will also join the bandh.
Further, associations of chartered accountants and tax advocates have supported the strike and have informed their clients not to visit their offices on Friday.
6. What does CAIT Secretary-General Praveen Khandelwal has to say?
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CAIT Secretary-General Praveen Khandelwal observed that voluntary compliance is the key to a successful GST regime, as it will encourage more people to join the indirect tax system, increase tax base and boost revenue.
Addressing a press conference on Thursday, he said, "All commercial markets across the country will remain closed and protest dharnas will be organised in different cities of all states," adding that along with CAIT, over 40,000 traders' associations across the country will support the Bandh.
