India News | Delhi Traders Assn Calls Mahapanchayat Against GST on Pre-packed Food on Wednesday
Get latest articles and stories on India at LatestLY. The Chamber of Trade and Industry (CTI), an association of traders in Delhi, has called a mahapanchayat on Wednesday in protest against the imposition of GST on pre-packed and labelled items.
New Delhi, Jul 17 (PTI) The Chamber of Trade and Industry (CTI), an association of traders in Delhi, has called a mahapanchayat on Wednesday in protest against the imposition of GST on pre-packed and labelled items.
Customers will have to pay five per cent GST on pre-packed and labelled food items such as atta, paneer and curd, besides hospital rooms with rent above Rs 5,000 from Monday, with the GST Council's decision coming into force.
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CTI chairman Brijesh Goyal said this is the first time since Independence that dal, rice, flour, cereals, curd, lassi and similar items have been taxed.
On the one hand, the GST collection of the central government has reached almost 1.5 lakh crore rupees every month, while on the other hand, the Centre has also imposed tax on 'tax-free' items. This is the reason why the CTI has called a mahapanchayat of traders on Wednesday, he said.
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Business leaders will decide a strategy against the new rule, Goyal said in a statement.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)