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Tamil Nadu traders demand removal of 18% GST on commercial property rent

#Taxation & Finance News#India#Tamil Nadu
PNT Reporter | Last Updated : 23rd Dec, 2024
Synopsis

The Tamil Nadu Vanigar Sangangalin Peramaippu, a traders' federation, has urged the removal of the 18% GST on commercial property rent, citing post-pandemic financial strain on businesses. At a meeting in Trichy, they opposed a 6% annual hike in property taxes and trade license fees, which they say disproportionately affect small traders. The federation passed 14 resolutions, including calls for monthly electricity billing and fairer taxation on readymade garments and solid waste fees. A protest is planned in New Delhi in March 2025, and further discussions will take place on May 5, 2025. Traders demand urgent government action to ease burdens.

The Tamil Nadu Vanigar Sangangalin Peramaippu, a traders' federation, has asked for the removal of 18% GST on commercial property rent. They said the tax puts extra financial pressure on businesses recovering from the pandemic. During a meeting in Trichy, members shared their concerns and decided to hold a protest in New Delhi in March 2025.


Ve Govindarajalu, the federation's general secretary, said the government should consult traders before changing GST rates. He also urged the government to fix problems from GST implementation between 2017 and 2022.

The federation also opposed a proposed 6% annual rise in property tax and trade license fees. The increases, they claim, disproportionately affect small traders and make it harder to sustain their businesses.

Additionally, they requested a review of solid waste management fees, which are collected by urban local bodies, and called for fairer taxation on readymade clothing products to support small-scale manufacturers.

The federation passed 14 resolutions to reduce burdens on traders. They requested the state government to switch to monthly billing for electricity usage to ease payments. Additionally, they opposed increased taxation on readymade garments and the fees for solid waste collection by urban local bodies.

The federation has planned its next-level conference on 5 May 2025, at Maduranthakam near Chengalpattu. This meeting will further discuss the challenges traders face and strategies to address them.

Traders' demands show growing concerns about rising costs and new regulations. They believe prompt government action can create a better environment for businesses.

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