Industry wants it withdrawn, threatens indefinite stir from todayhttps://indianexpress.com/article/india/india-others-do-not-use/industry-wants-it-withdrawn-threatens-indefinite-stir-from-today/

Industry wants it withdrawn, threatens indefinite stir from today

The already striking furnace industry claims that business has come to a standstill after E-Trip has been implemented and has forced the closure of many units.

With the government making it mandatory for traders to furnish details of goods being moved within the state and starting a virtual information collection centre,E-Trip,for the purpose,industries have threatened to join the furnace sector in an indefinite strike if the August 10 notification,in this regard,is not withdrawn in Tuesday’s cabinet meeting.

The already striking furnace industry claims that business has come to a standstill after E-Trip has been implemented and has forced the closure of many units. The agitating firms are now receiving support from other industries. K K Garg,president of the Punjab North India Induction Furnace Association claimed that with the introduction of E-Trip,there has been a scarcity of scrap. Garg said most scrap dealers now prefer to sell outside the state.

Not all industries,however,are likely to join the protest on Tuesday with bicycle units most likely to stay away. Gurmeet Singh Kular,president of the United Cycles Parts and Manufacturers Association,(UCPMA) said: “ We are with the furnace units as to why E-trip is only enforced in Punjab. Even if it has to be implemented,the limit of E-registration should be Rs 8 lakh for general industry instead of the current Rs 3 lakh and Rs 5 lakh for iron and steel industry instead of Rs 2 lakh. With this,a large section will get relief”. Kular further said that Chief Parliamentary Secretary Sarup Chand Singla has assured industrialists that he will get the August 10 notification withdrawn.

On the other hand,state excise and taxation department officials have stated that the facility has been getting a good response with nearly 4,000 entries every day. On an average each transaction is of around Rs 2.5 lakh. KBS Sidhu,director,investigations,said: “Industrialists are giving a good response. About 3 lakh assesses are under the E-Trip net. To start with,more than 4,000 entries are being done online on a daily basis. The queries of industrialists are always welcome.”