India closed: markets will remain closed on 26 February, 8 crore traders will go on strike, know what will happen to you?

New Delhi. The Bharat Bandh has been called on 26 February to demand a review of the provisions of the Goods and Services Tax (GST) by the Confederation of All India Traders (CAIT-CAT), an organization of traders. On this day, all commercial markets across the country will remain closed. CAT claims that on this day more than 8 crore traders from all over the country will be on strike. On 26 February, under the leadership of CAT, it has been announced to withdraw India, to withdraw the absurd and irrational provisions of GST and to ban the e-commerce company Amazon.

Trade organizations across the country will go on strike
The All India Transport Welfare Association, the largest organization in the transport sector of the country, has already not only supported the trade-off of CAT but has also announced to block transport across the country on that day. Apart from this, a large number of national trade organizations have also supported the trade-off, especially the All India FMCNzies Distributors’ Federation, Federation of Aluminum Utensillus Manufactures and Traders Association, North India Spices Traders Association, All India Women’s Entrepreneurs Association, All India Computer Dealer Association, All India Cosmetic Manufacturers Association etc.

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CAT National President BC Bhartia and National General Secretary Praveen Khandelwal said that under the many absurd and arbitrary provisions of GST, if the merchant who sells goods is not filing returns or is late or late, then the buyer is also responsible for which The merchant who purchased will not get input credit of the tax given and such traders will have to pay tax again. Where is this justice? This did not happen even in the era of the Mughals and the British.

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CAT’s National General Ministers Praveen Khandelwal and Bhartia accused the GST Council of distorting the nature of GST for its own benefit, saying that GST is completely a failed tax regime. The basic form of GST has been played with. All state governments are more concerned about their vested interests and have no concern about simplification of the tax system. Let me tell you that Cat has sent a letter to Prime Minister Narendra Modi yesterday, urging his immediate intervention in this matter.