M'rashtra traders to go on anti-VAT strike | india | Hindustan Times
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M'rashtra traders to go on anti-VAT strike

india Updated: Oct 02, 2006 19:53 IST
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Traders in Maharashtra will observe a day-long strike on Tuesday to protest the state government decision to implement the Value Added Tax (VAT) on essential food grains.

The decision was taken by the Federation of Associations of Maharashtra (FAM), a top body of traders in the state.

The state government has extended the deadline for VAT's implementation by a month.

Earlier, FAM had threatened to go on an indefinite strike, which has been put off.

"The decision to postpone the indefinite strike was taken in view of the ensuing festivals of Diwali and Ramzan," FAM President Mohan Gurnani said.

However, the token strike will be observed tomorrow. From October 27, traders will stop purchasing goods and auction at mandies (centres of trade), he added.

The traders had earlier decided to go on strike from October 2. The exemption from VAT on essential food grains was to expire on September 30, but the government has extended it till Diwali.

The Grain, Rice and Oil Seeds Merchants' Association President, Sharadkumar D Maru, had earlier said the VAT imposition would led to increase in the prices of essential commodities.