Wednesday, December 08, 2010

Anger among Punjab Traders

      Any Government’s main source of revenue is Tax and on periodically basis Government reforms tax structure for the benefit of public or its concern department, but sometime it not get positive response as other party feels victimise and Government is tightening the screw by putting extra intolerable burden which for them its not possible to bear. Recently Punjab State Government revise VAT structure, but Punjab state traders association find it anti business and they are now getting together for their next action against the VAT reforms, also call meeting in Ludhiana on 19th of December for their action as they found some steps of Government will put additional pressure on to the traders community of state.
      Opposing Punjab State’s Taxation and Excise department initiatives Punjab state’s traders association is getting together and plan to get down on roads if their demands were hear with deaf ears and call meeting on 19th of this month at Ludhiana for their side of response to the state government. President of Punjab state traders association Mr. Amrit Lal Jain said that government has release notification on 8th of November, 2010 wide reference no. 30A8/2005,S-70 that if any commodities price falls then traders will not get VAT refund, he further adds that prices of any commodities or currencies are not fall or rise because of trading in Punjab state or Indian markets but it is directly related to international market and state traders are not responsible for there price falls. Taxation department should consider this and bureaucracy of state is misleading sate government and thus trying to spoil state’s trade, so he was vocal and want state government immediately focus on to traders demands otherwise for them path of agitation is open to bend government. Demands of traders are-
  • Commodities and currencies prices’ are not control by state traders or Indian market but its movements are based on international markets, then why state taxation department are putting burden of barring VAT refunds if price falls, so state’s traders should not slap with such recommendations and it need to be reconsider immediately by state government.
  • Taxation Commissioner Mr. A Benu Prasad said that in the state online trade started, but its not fair as ninety percent of state traders have not computer install at there premises, then how they will do work online plus scores of them are illiterate as far computer knowledge or operating is concern which are doing business in the state. Government should consider the problems of other party before implementing new law if it is good for them or not, otherwise they will be exploited and harass by government officials unnecessary.
  • Taxation department tighten the grip on transporter also by asking them to email to the department whenever they proceed from one place to another with goods, then they should inform the taxation and excise department through email, which is not possible, as in many fold tons of goods on daily basis moves.
If government won’t reconsider their initiatives then traders won’t mind to get down on roads to bend government. Mr. Amrit Lal Jain said that states trade is coming out from the recession phase but now bureaucracy is trying to snub with stiff norms. If government not accept their demands then for them no option left other then of agitation and on 19th of this month they are going to gather in Ludhiana.
       Government collects revenue more then seventy percent from traders and industrialists and there genuine demands should be consider seriously instead imposing anything on to them like a dictatorship.

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