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Tag: Vikram Singhdev

  • Kat calls for intervention of PM on e-commerce and GST problem

    The Confederation of All India Traders (CAT) has demanded Prime Minister Narendra Modi to intervene on the problem of e-commerce and GST. CAT says that the Prime Minister ought to intervene to get the e-commerce enterprise out of the clutches of crooked practices of overseas firms.

    CAT National Vice President Amar Parvani, State Executive President Vikram Singhdev stated that earlier it was stated that retailers could be required to add their gross sales particulars on the GST portal solely as soon as and after that the portal would robotically take all different actions. Merchants will solely must deposit tax and submit returns.

    But now GST has been made essentially the most advanced tax system. He stated that whereas amending the GST guidelines, the authorities have been given arbitrary powers such that merchants with out listening to have been empowered to problem present trigger notices and get them finished. Even although the GST Council has amended the GST guidelines a number of hundred occasions.

  • Change in GST ought to be prevented, Kat wrote letter to Finance Minister

    The Confederation of All India Traders Association (CAIT) has written a letter to the Union Finance Minister demanding that the modifications within the GST (GST) be reconsidered. Also, they need to be prevented for now. Kat says merchants are at a drawback due to these guidelines. In the letter written by CAT, it has been stated that the tax system ought to be simplified and built-in.

    CAT’s nationwide vice-president Amar Parvani and state govt president Vikram Singhdev stated that as per the brand new guidelines, merchants with 50 million month-to-month turnover can even need to pay one p.c GST. Also, now the GST officer can cancel the registration of the merchants and the merchants is not going to be heard. He stated that merchants are upset as a result of these new guidelines. These guidelines ought to be modified.

    CAT’s nationwide vice-president Amar Parvani and state govt president Vikram Singhdev stated that as per the brand new guidelines, merchants with 50 million month-to-month turnover can even need to pay one p.c GST. Also, now the GST officer can cancel the registration of the merchants and the merchants is not going to be heard. He stated that merchants are upset as a result of these new guidelines. These guidelines ought to be modified.

  • A letter written to the Finance Minister about these items landed in protest towards the GST amendments

    The Confederation of All India Traders Association (CAT) has gone towards the amendments made within the GST. Kat says that GST has now develop into a colonial tax system. This is in sharp distinction to its authentic goal and presently the GST tax system is way from the bottom actuality of enterprise. CAT has written a letter to the Finance Minister demanding that the difficulty needs to be mentioned.

    CAT’s nationwide vice-president Amar Parvani says that even after 4 years, the GST portal nonetheless faces many challenges. The guidelines have been amended, however even after the above amendments, the loopholes in them haven’t but been overcome. He stated that no National Appellate Tribunal has been constituted thus far. At the identical time, the precept of One Nation One Tax has additionally been fully modified. States have been given an open hand to interpret the regulation in their very own manner. No central advance ruling authority has but been shaped. Due to this, there may be rising discontent among the many merchants in regards to the current type of GST.

    CAT’s nationwide vice-president Amar Parvani and state government president Vikram Singhdev stated that just lately by implementing a rule in GST, GST officers have been given an arbitrary proper to cancel the GST registration of any dealer. In this, no discover can be given to the merchants and no alternative of listening to can be given. This is totally towards the pure precept of justice.