Saturday, Oct 01, 2022

Chawri Bazaar shuts down to protest added Excise duty

Customers at the card-and -paper market of Chawri Bazaar returned disappointed as dealers of cards.

Customers at the card-and -paper market of Chawri Bazaar returned disappointed on Monday as dealers of cards,calendars and envelopes observed a bandh to protest against the Union Budget announcement of 1 per cent excise duty on such products.

“We already pay VAT,TDF and other duties. This is an extra burden on the illiterate and poor workers of this industry,” said Rajendra Gupta,former

president of the Paper Merchant Association.

“Our work is mostly manual and small-scale. We have a profit margin between 2 and 4 per cent. Excise duty will lower this and bring the industry to a standstill,” added Vimal Jain,president of the Wedding Card Association.

Subscriber Only Stories
How European colonisers observed and documented Durga Puja celebrations i...Premium
Useless meetings waste time and $100 million a year for big companiesPremium
Jasprit Bumrah has Sushil Kumar like intimidating aura, without him India...Premium
To better track PLI claims, Govt floats digital platforms for data sharingPremium

Shopkeepers also believe that the tax is unfair as basic raw materials — paper,ink,etc — are already under the purview of the Excise Act.

The protesters have demanded that the newly announced duty be withdrawn. The protest was attended by Praveen Khandelwal,secretary general of the Confederation of All India Traders (CAIT) and Narender Madan,Delhi State General Secretary,CAIT.

The reporter is a student of Express Institute of Media Studies

First published on: 08-03-2011 at 03:09:03 am
Next Story

Patient dies at PGI,kin allege negligence

Latest Comment
Post Comment
Read Comments