Published On: Mon, Oct 10th, 2016

Traders protest hike against 1% hike in VAT

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VAT rates hiked from 13.5% to 14.5% in Uttarakhand

Agitated businessmen held a demonstration at the District Collectorate office here today against one per cent hike in VAT. They demanded immediate rollback of the VAT hike.

The businessmen under the banner of the Doon Udyog Vyapar Mandal gathered at the District Collectorate office and raised slogans against the state government for increasing VAT from 13.5 per cent to 14.5 per cent.

The protesters lamented that the one per cent hike in VAT would adversely affect their businesses. According to them, prices of essential commodities and other consumer goods would increase. They said they would hold a series of protests till the government accedes to their demand. They threatened that they would call for a statewide bandh against the VAT hike.

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