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The Confederation of All India Traders (CAIT) requested Finance Minister Nirmala Sitharaman to defer the hike in the good and services tax (GST) .

Traders' body to state ministers want GST hike to be postponed, send appeal to Finance Minister

The union government had notified an increase in GST on natural fibre products from 5 per cent to 12 per cent, including apparels in the lower tax bracket with effect from January 1, 2022

GST hike from Jan 1

The union government had notified an increase in GST on natural fibre products from 5 per cent to 12 per cent, including apparels in the lower tax bracket with effect from January 1, 2022

Apparel, clothing and footwear used by the poorer sections will get costlier from January 1 as the Centre has decided to raise the Goods and Services Tax to 12 per cent on items costing less than Rs 1,000.&nbsp;
This move has attracted opposition from not just from the traders' body CAIT but also state governments across the country.&nbsp;The Confederation of All India Traders (CAIT) requested Finance Minister Nirmala Sitharaman to defer the hike in the<a href="https://www.editorji.com/business-news/economy/gst-collection-at-over-rs-1-lakh-crore-for-3-months-hits-5-month-high-1633153096509" target="_blank"> good and services tax (GST)</a> .&nbsp;The country's 700-strong small traders body said that the GST Council has stopped consulting traders and is taking decisions arbitrarily, having no touch with the ground realities of trade. Telangana&rsquo;s industries minister KT Rama Rao&nbsp;called the <a href="https://www.editorji.com/business-news/personal-finance/get-ready-to-pay-more-for-shoes-and-clothes-gst-rate-more-than-doubles-1637472635509" target="_blank">GST&nbsp;hike</a> a death knell for industry has he tweeted as he highlighted the contradiction in the&nbsp;PM's promises and the actions taken by the Finance Ministry and GST&nbsp;Council.&nbsp;"Hon'ble narendramodi Ji, on the national handloom day you had talked of strengthening Vocal4Handmade. Contrary to the idea, your govt has enhanced GST on Handlooms &amp; Textiles from 5 to 12 % which will be a death knell for the industry. Request you to intervene &amp; save weavers," Rama Rao, son of Chief Minister K Chandrasekhar Rao, tweeted.
Also watch|&nbsp;<a href="https://www.editorji.com/coronavirus/omicron-update-apple-shutters-ny-stores-goldman-mandates-boosters-3000-flights-cancelled-1640660636254" target="_blank">Omicron update: Apple shutters NY stores, Goldman mandates boosters, 3000 flights cancelled&nbsp;</a> Former West Bengal finance minister and currently advisor to the state's Chief Minister, Amit Mitra&nbsp;took to Twitter to appeal for a relook at the decision. Mitra&nbsp;tweeted "Modi Govt will commit another blunder on Jan 1. By raising GST on (man-made) Textiles (from) 5 per cent to 12 per cent, 15 million jobs will be lost and 1 lakh units will close. Modi ji, call a <a href="https://www.editorji.com/story/gst-meet-inconclusive-fm-says-will-release-20-000-cr-to-states-1601916946370" target="_blank">GST Council meeting</a> now and reverse the decision before the sword of Damocles falls on the head of millions of people." The price point will hurt not just hit shoppers but may also trickle down to the cotton producers as retailers may cut prices or reduce demand. Cotton producers are already seeking a lack of demand due to high domestic prices as per reports export shipments during October-November are down 42%.&nbsp;

Posters of Amazon Founder, Jeff Bezos holding what appears to be a marijuana cigarette where held up by traders' body association CAIT as they held demonstrations across the country to register protest Amazon over the alleged sale of drugs on the e-commerce platform. Earlier this month Madhya Pradesh police had busted a racket selling marijuana through Amazon delivery system. The police team seized nearly 22 kg and the FIR filed in this case also mentioned executive directors of  Amazon as accused.The trader body  has urged the government time and against to take action against e-commerce giants like Amazon and Flipkart who they allege are  resorting to malpractice and targeting small traders. In June this year, the trader body had approached the government to revisit the foreign direct investment norms for e-commerce players.
Madhya Pradesh police had busted a racket selling marijuana through Amazon.

Traders' body holds protests against Amazon allegedly selling drugs in India

Where there is smoke there is fire? Traders up in arms against Amazon

Madhya Pradesh police had busted a racket selling marijuana through Amazon.

Posters of Amazon Founder, Jeff Bezos&nbsp;holding what appears to be a marijuana cigarette where held up by traders' body association&nbsp;CAIT&nbsp;as they held demonstrations across the country to register a protest against Amazon over the alleged sale of drugs on the e-commerce platform.&nbsp;
Also watch|&nbsp;<a title="JPMorgan Chief takes back joke on China, Jamie Dimon says he regrets jibe at the Communist party" href="https://www.editorji.com/business-news/jpmorgan-chief-takes-back-joke-on-china-jamie-dimon-says-he-regrets-jibe-at-the-communist-party-1637813661550">JPMorgan Chief takes back joke on China, Jamie Dimon says he regrets jibe at the Communist party</a> Earlier this month&nbsp;Madhya Pradesh police had busted a racket selling marijuana through Amazon delivery system. The police team seized nearly 22 kg and the FIR filed in this case also mentioned executive directors of&nbsp; Amazon as accused. The trader body&nbsp; has urged the government time and&nbsp; again to &nbsp;take action against e-commerce giants like Amazon and Flipkart&nbsp;who they allege are&nbsp;&nbsp;resorting to malpractice and targeting&nbsp;small traders. In June this year, the trader body had approached the government to revisit the foreign direct investment norms for e-commerce players.

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