The Asian Age

Trade body objects to ‘ calamity cess’ move

- AGE CORRESPOND­ENT

Traders on Tuesday opposed the proposal to impose a “calamity cess” on GST, saying that it runs contrary to the principle of “One Nation- One Tax”, and said it “will set a wrong precedent in the country”.

The Confederat­ion of All India Traders ( CAIT), an associatio­n of small traders, said any move to levy a cess/ tax in any form would jeopardise the basic spirit of GST. The GST Council had decided last week to set up a seven- member ministeria­l panel to examine the legality of imposing a new tax on certain goods and services to raise resources for natural calamity- hit states like Kerala.

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