Disappointment over New Tax Slab
Many partners believe that GST will lead to shortage of products that will result in increase in prices as supply will be short due to low inventory. “GST will change the way we do business. We are still waiting for more clarity set off to be taken on closing stock as on 30th June, 2017 as it will have huge impact on doing business.
Initially, there will be shortage of products as all dealers are working on having minimum stocks. Low inventory will result in higher prices. There is also no clarity on products such as monitors along with multifunction printers and printer cartridges as they are in 28 per cent slab. “Partners dealing in these product lines may suffer because of the cost,” says Sanjeev Pathare, Owner of Pune-based Computer Shoppe.
Tags: New Tax Slab, gst, gstn, Sanjeev Pathare Computer Shoppe
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