Overview
- CAIT unanimously decided to cease all imports and exports with Pakistan, condemning the Pahalgam terror attack as the catalyst for the resolution.
- The decision was made during a national governing council meeting in Bhubaneswar with over 200 trade leaders from 26 states in attendance.
- Trade between India and Pakistan had already declined significantly, dropping from nearly USD 3 billion in 2018 to USD 1.2 billion by 2024.
- CAIT called on the government to impose a 28% GST on e-commerce and quick commerce transactions, arguing their convenience should be taxed as a luxury.
- The body also accused digital commerce platforms of regulatory violations and demanded stricter enforcement of e-commerce policies, consumer protection laws, and FDI rules.