The Haryana Udhyog Vyapar Hit Mandal on Monday held a meeting in Sirsa to discuss the growing challenges faced by traders under the GST regime. The session, chaired by the state president, brought together local business owners who voiced concerns over increasing tax pressure and complicated compliance rules impacting small enterprises.
Traders said that despite multiple reforms, the GST burden on small businesses has steadily increased, making day-to-day operations harder. A detailed list of issues and recommendations was submitted to the chairman of the National Traders' Welfare Board, urging the Centre to simplify filing processes and introduce relief measures.
During the meeting, the chairman expressed strong concerns over the rapid expansion of foreign online trading companies. Comparing them to the historic East India Company, he warned that their growing dominance was harming Indian traders and forcing many local sellers to work at low margins and wages.
He also noted that the impact of the older VAT system still lingers, even though GST replaced it in 2017. While he acknowledged the government's efforts to ease the tax structure by reducing certain GST rates, he stressed that compliance procedures continue to remain complex for small and medium traders.
The trader community urged the government to take immediate steps to simplify GST norms, curb the influence of foreign e-commerce giants, and create a more supportive business environment for local entrepreneurs.
CAclubindia
