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Traders still confused over GST norms
KERALA: Even a week after the Goods and Service
Tax (GST) came into effect, traders and consumers
continue to remain confused over the implementation of
the new tax structure. Small scale traders, in
particular, do not know the norms for levying taxes for
the products they buy from small time and household
manufacturers.
The concern was aired by K.R. Balraj, who runs a chain
of bakery outlets in Kanhangad. Mr. Balraj is at a loss
over what tax he should collect for purchasing food
products manufactured by small time and household
entrepreneurs.
GST mandates installing computer systems and printers in
every shop to account for the products bought and sold.
It should take at least a few more months to clear the
doubts and allay the apprehensions of traders here, Mr.
Balraj said. |