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Cloth Assoc. Submits a Memorandum to Officer for GST Rates & E-Way Bill

MT Cloth Market Merchants’ Association Letter to GST Commissioner

In the times of Diwali, the traders in the city of Indore are all being very happy due to their blockbuster sales on the Festival but the same happiness change into sadness among the traders as their businesses are drawn under the surge in the GST. Apart from an increase in GST rates imposed on the textiles and the readymade garments, there are 30 additional things that is been summed to the e-way list.

In recent times the GST rates on readymade garments and textiles surge from 5 to 12 per cent. In that 30 newly added items to the list are essentially needs to generate. Such imposition has irritated the traders who were urging for the good sales post to the lower wedding season in the former year. Now there are various traders who used to plan for the protest with respect to the measures of the state government.

The traders of the Cloth Market, Beneath the support of the MT Cloth Market Merchants’ Association, are executing to furnish the memorandum to the state GST commissioner, Lokesh Jatav, mentioned. Executive committee member of the association Arun Bakliwal commented that there was anger carried by all the traders with the rise in the GST upon the textiles and garments “We shall submit our memorandum to the state GST commissioner and urge him to withdraw the rate hike, he moreover mentioned that If our demands aren’t met, we’ll expand the scope of our agitation.”

In addition to that traders do not accept the other 30 new items to the e-way list and per day legitimacy of the e-way bill under GST by 200 km, and are irritated at all. The traders just want that the circulation made towards the textile business must be refused. In context to the delegation of the traders beneath the support of the Ahilya Chamber of Commerce and Industries, met Jatav at his office. The council passed a memorandum of their needs to him.

“Senior leaders of the traders Khandelwal commented that there is a need for the e-way bill is essential for the 30 new items. It means more formalities are being imposed on these added items. New troubles are being imposed on the already burdened traders due to a lot of taxes and immeasurable paperwork. The validity of the e-way bill is fixed up to 200 km per day by ignoring the impractical difficulties it faces in transporting retail goods, he added.”

“We’re going to expand our agitation against the e-way measure in a big way. For this, we’ve called a mega-meeting of our over-90 different business associations next Monday at the Hindi Sahitya Samiti Hall. The traders, along with their tax consultants, will discuss in detail and chalk out a protest plan Khandelwal stated.”

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Published by Arpit Kulshrestha
Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with depth knowledge and is extensive for the same. The resources provide effective articles for the products of SAG infotech which provides taxation and IT software. Writing from observations and researching makes his articles virtuous. View more posts
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