28
Friday
July 2017
4:29 PM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Kerala News
GST effect: Kerala Finance Minister Thomas Isaac warns of strict action against traders for hiking prices
 
(Thiruvanthapuram,July 08, 2017):On Friday, Kerala Finance Minister T M Thomas Isaac said that 'stringent action' will be taken against traders for hiking prices of essential commodities.

Isaac said, "The government will not permit traders to levy more than the MRP (Maximum Retail Price) from consumers. The officials will conduct raids to identify overcharging traders."

He further added that the price of several commodities have come down since GST came into effect. The cost of commodities sold through Kerala State Civil Supplies Corporation (Supplyco) outlets has marginally scaled down.

Isaac also mentioned that GST has not been levied on chicken and it have should be sold at only Rs 87 per kilo from Monday onwards. Isaac also agrees that inflating the price of cinema ticket fare in the name of GST is unreasonable.

Earlier, Kerala Finance Minister TM Thomas Isaac has written a letter to his counterpart at the Cenre, Arun Jaitley, and claimed that though prices of many commodities had come down due to GST, the consumer was not getting its benefit.

He alleged, "It has been noticed hotels and restaurants and outlets selling daily consumables instead of giving discounts because of reduction of tax or at least keeping price at the same level had increased the prices." He further pointed out, "The hotel and restaurant industry has added 12-18 per cent GST tax on the price of food fixed in the pre-GST scenario."

"This has resulted in drastic increase in the cost of food items creating a negative impression on GST among people," he concluded.


District sessions court to hear Vincent MLA's bail plea
Kavya travelled in Suni's car at 'Pinneyum' location: Police
Bineesh Kodiyeri's house attacked
Vigilance raids Civil Supplies godowns
VIP treatment for Dileep in jail ? Sreelekha responds
WCC criticizes director Lal's 'attitude'
Still Photographer arrested for molesting actress
Actress attack case: Rimy Tomy interrogated
Pinarayi asssures Junaid's family of secular society's support
Dileep won't approach SC for bail soon
Complaint against Jean Paul ? Aarya clears the air
Kovalam MLA won't be taken for evidence collection
Police hunt on for Appunni
Kavya may be interrogated again
BJP has nothing to do with it: Kummanam
Dileep's remand extended till Aug 8
UDF supports Vincent MLA, alleges conspiracy by CM Office
No Malayali in AFI spoke for Chithra: Coach
She informed me about their relationship: Manju
Actress's complaint against Jean Paul: Senior Lal explains
ENTERTAINMENT NEWS
"Wanted" actor Inder Kumar dies
 (Mumbai, Jul 28, 2017, PTI): Bollywood actor Inder Kumar, who starred in Salman Khan's "Wante  
Lal-Shaji to pay homage to 'Narasimham'
Sunny Leone' s next special number with Sanjay Dutt
Will Craig return as James Bond ?
INTERNATIONAL NEWS
Clashes erupt as Palestinians declare victory over Israel in crisis over holy site
 JERUSALEM — Palestinians declared a hard-won victory Thursday against what they saw as an attempt by
UN helicopter crashes in Mali accident: UN source
Trump bars transgenders from serving in US military
Sharif accuses India of 'undermining' spirit of SAARC
NATIONAL NEWS
Nitish Kumar wins floor test with 131 votes
 Bihar Chief Minister Nitish Kumar on Friday won the floor test with 131 votes in favour against 108.
Akhilesh mocks Nitish's return to NDA
Both Modi and Kalam 'karma yogis:' Venkaiah Naidu
Nitish Kumar returns as Bihar CM, set to clear floor test today
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.