Traders hold protest against GST on food items, grain markets remain closed


PTI, Jul 16, 2022, 4:32 PM IST

Credit: iStock Photo

Wholesale and retail grain markets in the city remained closed on Saturday due to a protest by traders against the GST Council’s decision to levy a 5 per cent GST on pre-packed and labelled food items.

Wholesale grain markets at Narela, Bawana and other parts of the city wore a deserted look due to the market bandh called by traders. Many retail grain markets in the city were also closed.

Delhi Grain Merchant Association President Naresh Kumar Gupta said that this is for the first time when non-branded food items are being brought under the GST and claimed that the decision was not in favour of the general public and traders.

“We are against this decision. To protest against the move, we have decided to observe a bandh on Saturday. All shops dealing with grains are shut. We have requested Finance Minister Nirmala Sitharaman to keep food items out of the GST net. This decision should be rolled back,” Gupta told PTI.

He said that Saturday’s strike was a symbolic one-day protest and any call on future strategy will be taken later.

The GST Council, the highest decision-making body on the levy of Goods and Services Tax, last month accepted most of the recommendations of a group of ministers from states on withdrawing exemptions with a view to rationalising the levy.

It was decided in the meeting that pre-packed and labelled meat (except frozen), fish, curd, paneer, honey, dried leguminous vegetables, dried makhana, wheat and other cereals, wheat or meslin flour, jaggery, puffed rice (muri), all goods and organic manure and coir pith compost will not be exempted from GST and will now attract a 5 per cent tax.

Meanwhile, traders in the APMC market at Navi Mumbai in Maharashtra also observed a bandh. In Jammu, traders held a protest march against the GST Council’s decision to levy GST on cereals, grains and other pre-packed and labelled food items.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Udupi: Gas cylinder explosion during party causes extensive damage in apartment

Stay Safe Online: Tips to avoid cyber fraud!

FIR against Sanjay Raut’s brother for remarks against Shiv Sena’s woman leader

Kodagu murder case accused escapes from police in Hyderabad

Karnataka Maritime Board announces plans for Mangaluru Water Metro Project

Royal Enfield forays into electric bike segment; unveils first model under Flying Flea brand

US going to historically tight presidential election

Related Articles More

New software for fast-tracking project approvals: Karnataka Minister Patil

In-flight passengers can access WiFi services only when allowed, say new rules

SEBI mulls separation of non-regulated activities; ‘cross-default’ definition for debenture trustees

Sensex plunges 942 points to settle at nearly 3-month low; RIL, HDFC Bank biggest drag

Equity investors become poorer by Rs 7.37 lakh crore during morning trade as markets tumble

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Udupi: Gas cylinder explosion during party causes extensive damage in apartment

Stay Safe Online: Tips to avoid cyber fraud!

FIR against Sanjay Raut’s brother for remarks against Shiv Sena’s woman leader

Kodagu murder case accused escapes from police in Hyderabad

New software for fast-tracking project approvals: Karnataka Minister Patil

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.