You are here: Home » Economy & Policy » News » GST
Business Standard

GST regime: Grain merchants shut shops as protest against 5% tax

Fearing significant rise in essential commodities, merchants demand lower tax

Press Trust of India  |  New Delhi 

Photo: Shutterstock
Photo: Shutterstock

in the city pulled down shutters on Thursday as a mark of protest against the 5 per cent on branded

Most wholesale grain and pulse shops remained closed in Naya Bazar, said Ashok Kumar Bansal, General Secretary, Grain Merchant Welfare Organisation.


Bansal said the organisation pitching for a lower rate will write a letter to Finance Minister seeking a relook at the matter.

The Council has fixed the tax rate on branded grains, including rice, grains, and atta, at 5 per cent.

This will lead to a significant rise in essential commodities, Bansal added.

First Published: Thu, June 15 2017. 15:05 IST
RECOMMENDED FOR YOU