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Traders and retailers have praised the Central Board of Indirect Taxes and Customs (CBIC) initiative to find out bogus GST registrations and make offenders pay for the deed. Fake registrations are used to submit invoices for the input tax credit (ITC) even in the cases of not offering delivery of goods or services. The ‘Special […]
On Monday, the trade body CAIT made a case for reducing the GST rate on beverages from 28% which will be 40% including the cess. They questioned that it is too high and restricts the operating capital of small retailers. The Confederation of All India Traders (CAIT) requested the union finance minister to take into […]
Facilitation of doing business for MSMEs- when the e-commerce policy and the relevant provisions in the Consumer Protection Act shall be reported and executed the offline traders want secure their shop on the e-commerce platforms apart from that running the business on the physical shops mentioned by the CAIT. In the survey, it is mentioned […]
Traders all over the country have asked for the withdrawal of the decision of the GST for the exemption on prepacked unbranded food items and levy of a 5% GST. The Confederation of All India Traders (CAIT) issue a memorandum to all the state finance ministers asking for taking back the decision as this would […]
The seven cr strong traders body asks that the GST official must ask the traders prior to revamping GST rates. The suggestions incurred via the Group of Ministers (GoM) which the GST official formed must not be provided with a go-ahead in the coming meeting without any consultation with the traders, as asked by the […]
The simplicity of performing the business for MSMEs: CAIT released a survey that, e-commerce is a potential mode of business activity, and essential GST enrollment to selling the goods online is an effective solution for the small businesses. As per CAIT which shows nearly 8 cr traders across 40,000 trade associations, the online survey was […]
The Confederation of All India Traders (CAIT) is a major community for the trader’s associations which has members bodies having big trade unions and members to keep up the latest and important schemes in circulation. The CAIT was founded in 1990 to serve the industry and associations for a better platform for their complaints as […]
The confederation of all India traders urged the Union Finance minister Nirmala Sitharaman to refuse the essential GST enrollment towards selling the products via e-commerce platforms. In a statement, it is mentioned that the GST steers on the other side of the digital India vision of Prime Minister Narendra Modi and asks the Finance Minister […]
The Simplicity of Implementing Business for MSMEs Traders’ body Confederation of All India Traders (CAIT) mentioned that there is no decision avail through the government to restrict the violations of e-commerce firms which seems to be a hurdle for the traders of the country. CAIT is doing unwanted business things like deep discounting, predatory pricing, […]
