Gujarat Traders ‘Unhappy’ With GST, Both Sellers And Customers Face Problems: GST (GST) or local? Answering this question is mandatory if you want a receipt. Not even in any other state. Such is the picture in Modi’s state of Gujarat. Asking for GST receipt is the face of the seller. If you say it is not necessary, the receipt will come to the buyer with a smile on his face. If you ask why the answer you get is unexpected. It is not possible to keep an account while doing business. Generating GST Receipts is time-consuming. Again the hassle of explaining GST to the retail buyer with the donation. So paying local bills can get rid of many problems. This is what the traders of Ahmedabad’s biggest retail and wholesale markets, Jamalpur Market and Kamalpur Market, Manikchak, and Maninagar Market, say. Many retailers or new traders do not have current accounts. As a result, transactions have to be done in cash. But it also has a limitation. Therefore, since the implementation of GST, the businessmen of Modi state are suffering losses.
The central government considers the introduction of GST as a revolution in transactions across the country. PM Narendra Modi strongly objected to the introduction of GST by the then Congress government at the center when he was the Chief Minister of Gujarat. With the introduction of GST, cash transactions will decrease. As a result, small retailers and wholesalers will suffer losses, he said. But after becoming the Prime Minister, his government introduced GST. First, in case of cash transactions, cash will be drawn and the process of depositing and refunding the duty will be simplified. However, the debate over GST continues across the country. Even though the entire amount of GST is deposited with the Center, there have been repeated complaints of delay in returning it to the state.
But in Modi’s state, there are objections to GST in the business community. Maninagar in Ahmedabad is the largest market for retail trade. Most of the traders there are against GST. Sudhir Ravi, is a long-time wholesaler, and retailer of imitations. He and his brothers look after the business together. He said that he was quite upset with the introduction of GST. He said that he has to face problems every day while doing business. According to him, there are many retailers who do not have current accounts. So no GST number either. They generally prefer to do cash transactions.
But there are legal issues with dealing in cash. So the buyer has to return many times. Again, Jamalpur market hosiery trader Vikram Solanki said that many need to buy essential goods. But I can’t pay for the goods until I get the money. Check payment takes at least 24 hours to deposit. Therefore, the retailers who came to buy on an urgent basis have to return. It does not end here. Hoteliers are also in trouble. Kailash Patel, manager of Prince Residency, adjacent to Ahmedabad station, said that many people leave within a few hours after looking for a house for a day. They refused to take the GST receipts. Don’t want to pay a 12 percent duty on GST for a few hours. As a result, unrest continues.
Overall, the businessmen of his state, Gujarat, are in serious trouble with the GST introduced by the Prime Minister. A member of the Manikpur business committee said that there is a strong reluctance to issue GST receipts. According to him, since the introduction of GST, wholesale and retail traders are in trouble. The prices of many things have also increased. As a result, both buyers and sellers are facing problems.
Follow For More Interesting Article At LatestSerialGossip.Com
