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CAIT Issues Bharat Bandh Call For February 26

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New Delhi: The Confederation of All India Traders (CAIT) has issued a call for Bharat Bandh tomorrow, February 26, in a protest against the “draconian” rules of Goods and Services Tax (GST). Plans are also afoot for a Chakka Jam.

According to a CAIT statement issued earlier, all commercial markets across the country will remain closed on tomorrow to mark the protest.

There are plans for holding dharnas nationwide in 1,500 places.

The traders body has alleged violation of e-commerce rules by major e-tailers.

In a letter to PM Modi, the organisation called for setting up a central working group comprising senior officials, CAIT representatives and independent tax experts to review the GST structure.

CAIT contends that major etailers have vitiated Indian ecommerce by “continuously and openly violating the FDI policy, law and rules without any fear of law”.

As examples, CAIT cites predatory pricing, deep discounting, loss funding, controlling inventory and sale of branded products.

CAIT said that over 40,000 traders’ associations across India would back tomorrow’s Bandh.

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