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Chinese goods influx feared over GST

West Bengal CM Mamata Banerjee announced that her party “will not attend the GST roll-out programme on June 30 midnightâ€.

New Delhi: With the new tax regime — GST — being launched from midnight on June 30, not merely the Opposition but the the Swadeshi Jagran Manch, an RSS affiliate has found faultlines in the much-hyped policy.

National co-convener of the SJM Dr Ashwani Mahajan reminded that a large number of SSIs and traders organisations, belonging to different sectors, commodities and regions have been opposing GST in its present form and rates of GST.

He further argued that the SSIs “despite various disadvantages have been giving tough competition to Chinese onslaught. If new tax regime works against their interests, influx of Chinese products will increase, causing huge balance of payment deficit.”

Meanwhile, in Kolkata, West Bengal CM Mamata Banerjee announced that her party “will not attend the GST roll-out programme on June 30 midnight”. She targeted the move and said that the Centre was in an “unnecessary hurry” to roll it out. For her the GST was going to be an “epic blunder”.

( Source : Deccan Chronicle with agency inputs )
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