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12/05/2020 11:53am

CAIT proposes to levy ‘Covid cess’ on Chinese goods

image CAIT proposes to levy ‘Covid cess’ on Chinese goods

New Delhi, May 12 (KNN) The Confederation of All India Traders (CAIT) has proposed that a ‘Covid cess’ be levied on Chinese imports that have substitutes in India.

''The revenue from this cess should be utilised for the upliftment and growth of Indian traders who are in a distressed situation and need strong handholding of both Centre and respective State Governments,'' said CAIT in a statement on Monday.

There is a strong need to curb unnecessary imports of low-cost and low-quality products from China which are flooding Indian domestic markets, the release said. Indian traders are forced to import from China because the consumers want low price products, it added.

CAIT National President B.C.Bhartia & Secretary General Praveen Khandelwal said that there is a strong need to curb unnecessary imports of low-cost and low-quality products from China which are flooding Indian domestic markets, the release said. Indian traders are forced to import from China because the consumers want low price products, it added.

''In reality the Indian trader is much more happy to sell Indian made products if there is a proper well established supply chain of indigenous goods,'' they added.

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