The merchant will compensate the loss
sea. GST Council has decided to reduce the rate of GST in many things from the use of middle class routines from January 25.With this, there is a possibility of booming market after the ban on bondage. The benefit will be directly to the customer, while the merchant class is not going to be very happy. Notebankers and merchants from GST are still telling the recession in the market.
Talking about the textile industry, in one year alone, there is a market of readymade and cloth worth more than 200 crores in the division, but it is also slow to note. Merchants say that GST is like a Macdazal, so it is a bit difficult to understand.Even though GST Council has reduced the rates of GST, but considering its technical, cheap and costlier assessment can be done. About 200 cars of various companies sell in Sagar per month. Accordingly, there is a market of 8 to 10 million rupees per month for Auto Mobiles. At the same time henna business is about 2 to 3 million rupees per month.
The merchant will compensate the loss
Saturn Dubey, advisor to the company, says that the reduction in rates of certain things in GST will benefit the customers. The traders also have some relief in this. The penalty for return of 25 rupees and turnover returns, instead of 200 instead of 200 on GST, has been reduced from 200 to 50 rupees.But the merchants who are unable to submit their returns because of the server down and are looking at penalties, they will compensate themselves with the customers. Customers will definitely benefit from GST's low rates. The market will grow Sales will also increase. At present, there is no new list of GST rates in this regard.
Struggling to stock things too
So far, there have been more than two dozen GST meetings, which are being increased, deducted, after reviewing the taxes on goods and service charges. Due to these decisions of the Council, the traders are screwed by the stock of more goods. The GST meeting on January 18 has reduced the rate of tax on 53 products, which will be effective from July 25, the goods purchased from the increased GST will be sold at a new rate after July 25. Traders say that since GST has been implemented since then, they have to face many problems.Business or business has become difficult. The government will have to simplify the GST system. Then traders will get relief and the markets will also get faster.
Sangeeta Mishra, Manager, Adinath Motors
- Lower rates of GST will also reduce the rates of goods, which will benefit the customer. GST R1 penalty will be reduced from Rs 200 per day to Rs 50 and Rs 20.
Mayank Kesharwani, CA
- Now the slow market is difficult to accelerate, as the e-bill system is being implemented since February 1.Now the check of the bill which is transporting is strictly in vain.In this case, the transport of goods will be reduced.
Neeraj Jain, secretary transporter association
- had 5 percent on shoes up to Rs 500 and GST at the rate of 18 percent more than 500, now due to some reduction, subscription will not make much difference. -Lalchand Methawani, Shoe trader
-GST rates have come down, but the market is still not able to recover from the ban on bondage. The market is down by 5 per cent. The customer will get some relief from GST.
Rishabh Samayya, secretary textile trader
Mahasangh - in which the rates of GST have been reduced, there will be some bounce in their sale. This will provide relief to the traders as well as customers.Industries like Mehndi like GST are free.
Awadhesh Biliya, Mehndi Businessman At
present, the entry fee of 40 rupees in the park and Rs. 120 for the water park is being charged, in which GST is not included, hence the change in GST rates will not make any difference to the ticket rate.
Talking about the textile industry, in one year alone, there is a market of readymade and cloth worth more than 200 crores in the division, but it is also slow to note. Merchants say that GST is like a Macdazal, so it is a bit difficult to understand.Even though GST Council has reduced the rates of GST, but considering its technical, cheap and costlier assessment can be done. About 200 cars of various companies sell in Sagar per month. Accordingly, there is a market of 8 to 10 million rupees per month for Auto Mobiles. At the same time henna business is about 2 to 3 million rupees per month.
The merchant will compensate the loss
Saturn Dubey, advisor to the company, says that the reduction in rates of certain things in GST will benefit the customers. The traders also have some relief in this. The penalty for return of 25 rupees and turnover returns, instead of 200 instead of 200 on GST, has been reduced from 200 to 50 rupees.But the merchants who are unable to submit their returns because of the server down and are looking at penalties, they will compensate themselves with the customers. Customers will definitely benefit from GST's low rates. The market will grow Sales will also increase. At present, there is no new list of GST rates in this regard.
Struggling to stock things too
So far, there have been more than two dozen GST meetings, which are being increased, deducted, after reviewing the taxes on goods and service charges. Due to these decisions of the Council, the traders are screwed by the stock of more goods. The GST meeting on January 18 has reduced the rate of tax on 53 products, which will be effective from July 25, the goods purchased from the increased GST will be sold at a new rate after July 25. Traders say that since GST has been implemented since then, they have to face many problems.Business or business has become difficult. The government will have to simplify the GST system. Then traders will get relief and the markets will also get faster.
Sangeeta Mishra, Manager, Adinath Motors
- Lower rates of GST will also reduce the rates of goods, which will benefit the customer. GST R1 penalty will be reduced from Rs 200 per day to Rs 50 and Rs 20.
Mayank Kesharwani, CA
- Now the slow market is difficult to accelerate, as the e-bill system is being implemented since February 1.Now the check of the bill which is transporting is strictly in vain.In this case, the transport of goods will be reduced.
Neeraj Jain, secretary transporter association
- had 5 percent on shoes up to Rs 500 and GST at the rate of 18 percent more than 500, now due to some reduction, subscription will not make much difference. -Lalchand Methawani, Shoe trader
-GST rates have come down, but the market is still not able to recover from the ban on bondage. The market is down by 5 per cent. The customer will get some relief from GST.
Rishabh Samayya, secretary textile trader
Mahasangh - in which the rates of GST have been reduced, there will be some bounce in their sale. This will provide relief to the traders as well as customers.Industries like Mehndi like GST are free.
Awadhesh Biliya, Mehndi Businessman At
present, the entry fee of 40 rupees in the park and Rs. 120 for the water park is being charged, in which GST is not included, hence the change in GST rates will not make any difference to the ticket rate.
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