GST one of most complicated taxation system: Traders’ Body

NEW DELHI, JAN 25

(IANS): Terming GST one of the “most complicated” taxation system, Traders’ body Confederation of All India Traders (CAIT) has urged Finance Minister Nirmala Sitharaman to announce review of GST taxation system and all Acts and Rules concerning retail trade and One Nation-One Licence Policy for domestic trade.

In its pre-Budget wishlist, it has also urged for effective pension scheme for traders, insurance scheme for traders as per scheme applicable in state of Uttar Pradesh.

The traders’ body also sought separate credit rating norms for small businesses, easy access of finance to traders by the Banks and other financial institutions, formation of Fast Track Courts for disputes including payments in businesses and dishonouring of cheques under section 138 of the Income Tax Act and creation of Special Trade Zones in the country.

It has also sought a policy for organising Trade Fairs and Exhibitions of Indian products within the

(Form p-1) country and over the globe to give boost to both internal and foreign trade. The CAIT has also asked the FM to declare incentives for adoption & acceptance of digital payments among the trading community.

The CAIT has also demanded rolling out of e-commerce rules, e-commerce policy, formation of an E-Commerce Regulatory Authority, National Trade Policy for Retail Trade and a separate Ministry for Internal Trade both at the Centre and States.

CAIT National President B.C.Bhartia and Secretary General Praveen Khandelwal while releasing the “Budget Wish List” said that the GST has emerged as one of the most complicated taxation system and as such a total review of the system is needed to make it a simple taxation system which can be complied by the traders and easily and must augment substantial revenue to the Government.

The retail trade of the Country is fraught with large number of Acts & Rules and many of them are few decades old and have lost their significance in the present scenario and therefore there is an emergent need of review of all such Acts & Rules and the Acts & rules which have lost relevance must be abrogated.

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According to Therie, rampant backdoor appointments, nepotism, bias and ill-will were the norm. He alleged that BJP and its alliance partner thought that the opposition voters had no share in the public exchequer. He said the ruling coalition did not understand that tax was contributed by all and not only by ruling party voters.

He mentioned that RSS and BJP’s anti-solution, antiChristian, anti-Muslim and anti-Jain stances were known to all. He held NDPP responsible for the delay in implementation of agreed solutions and rampant corruption. “The voice of the public was ignored and the people of Nagaland insulted. But still ticket seekers liked,” he noted. The NPCC president said Nagaland Joint

Christian Forum had come out with Clean Election Campaign as it realised that election was dirty and responsible for corruption.

He reasoned that Clean Election Campaign was necessitated as elections had become too dirty. But, despite knowing BJP and NDPP alliance’s failures and dangerous trends, he lamented that many were fighting for BJP and NDPP tickets. He termed this as an epidemic of foolishness for which there was no medicine. He claimed that many candidates were guided by village election committees, which he said was something like a teacher being taught by students or professors being guided by innocent students. He alleged that the only work for MLAs after being elected was to loot money and buy votes.

Govt doctors in pvt practice warned

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He however said a proposal had been prepared to be submitted to the government to allow faculty recruitment.

He revealed that Nagaland had nearly 1,39,000 government employees, out of which Health department had about 9.57 % of the total employees, after the Home and Education departments. However, he pointed out that 64% of the employees in H&FW Department were nontechnical, meaning there were excess employees in third and fourth grade posts. Therefore, he mentioned that third and fourth grade posts against retirement, if not required, would be converted to technical posts because new job creation was not easy. He also thanked the department officials for supporting him for the past one month after he had joined.