Welcome

 

Uttar Pradesh - VAT protest: Traders to begin year with a strike

Uttar Pradesh Vyapar Mandal has called a statewide bandh on January 1 to protest against the implementation of Value-Added Tax (VAT) in the state. The transport associations of the state had already announced an indefinite strike from January 1 in protest against the implementation.



 

President of Vyapar Mandal and Rajya Sabha member Banwari Lal Kanchal said that the traders have no other option left rather than to go on strike as the state government is not interested in hearing their plea.  

“We want the state government to rationalise the taxes under the new system on par with other states,” he said.  Kanchal claimed that the new tax regime would severely hit the leather, food grain and garment industries in the state as the rate of taxes in other adjoining states was much less than what has been proposed here.

The Gur mandis of western Uttar Pradesh, which provides jaggery worth Rs 2 crore daily, will remain closed indefinitely from January 1 to register its protest against the imposition of VAT.

The Naveen Mandi Vyapar Mandal has decided to close the mandi for indefinite time, Vice President of the association Shiva Kumar Kallu said.

“While in other states jaggery is exempted from VAT, it has been imposed in Uttar Pradesh. So in protest against it, the Gur mandi will remain closed indefinitely from January 1,” he added.

Source : Lucknow Newsline - Lucknow, India, dated 28/12/2007

 

Privacy Policy|Disclaimer|Advertise|Sponsor

Copyright © 2001 Sriviven Software

Site Optimized for view with IE5+ 800 * 600