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Grain traders protest against 5% GST, shut shops

LiveMint logoLiveMint 30-06-2017 PTI

New Delhi: Wholesale commodity markets, including grains, pulses and sugar in the capital were closed on Friday as a mark of protest against 5% GST on branded grains and sugar.

A majority of wholesale grain, pulse and other commodity shops were shut in Naya Bazar, said Ashok Kumar Bansal, general secretary, Grain Merchant Welfare Organisation.

Bansal said the organisation has been demanding 0% GST rate.

GST, which will subsume over a dozen taxes including excise, service tax, VAT and other local levies, is slated for a mid-night launch from 1 July. Branded grains, rice, sugar and atta will be levied 5% GST.

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