The introduction of GST means retailers, even small neighbourhood shops, have to provide itemized bills for all purchases, hurting traders like Kavathia. Effectively with the implementation of GST, the informal system of kutcha or hand-written bills to avoid paying taxes is history. The traditional structures of an informal accounting system has suited traders in the state till now but suddenly the entire structure of filing has changed. Many traders, however, believe that irrespective of GST’s fallout, they would continue to vote for BJP because it is a party that supports traders. “GST filing is a new system and it has impacted small traders, particularly manufacturers.
Source: Mint December 05, 2017 22:18 UTC