Agri and All Trade Chamber welcomes GST Council’s decisions
The Agri and All Trade Chamber has praised recent GST Council reforms, such as the removal of arrest provisions and simplified registration, while criticizing the 5% tax on small-package foodgrains. They argue that taxing smaller quantities more heavily than bulk packages unfairly burdens lower-income households.
Why it matters
This reflects the ongoing debate regarding equitable taxation policies for essential goods and the impact of regulatory changes on small businesses and consumers.
The members of the Agri and All Trade Chamber has welcomed the progressive recommendations of the 57th GST Council, chaired by Union Finance Minister Nirmala Sitharaman, as a significant step towards a simplified, transparent and taxpayer-friendly GST regime.
In a press release, chamber senior president S. Rethinavelu and president K. Thiruppathi Rajan said on Friday that they welcomed removal of arrest provisions under GST, enhancement of prosecution threshold from ₹1 crore to ₹5 crore, reduction of general penalties, relief from small-value tax demand notices., simplification of GST registration procedures, faster and automated GST refunds and wider eligibility for input tax credit (ITC) and refunds and among others.
The Chamber had been demanding these reforms for a long time as it would reflect towards a trust-based taxation than fear-based enforcement.
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