Trade bodies and enforcement agencies in Dakshina Kannada expect a smooth transition from the present tax regime to Goods and Services Tax (GST) regime from July 1.
With over 90% of traders, industrialists, and service providers already migrating to GST, there should not be any problem in the smooth roll-out, M. Subramanyam, Commissioner of Central Excise and Service Tax, Mangaluru, who is in-charge of the three coastal districts, said. Over 90% of traders have already migrated to the new regime, he told The Hindu.
Meanwhile, the Kanara Chamber of Commerce and Industry (KCCI) president Jeevan Saldanha told The Hindu that he has not heard any inconvenience from the business community with regard to migration. “Those who really wished to migrate have already migrated without any demur,” he said.
Compliance to law is very high in Dakshina Kannada and it is visible in migration to GST too, he added.
Having opened a help desk last month to assist traders in migration to GST, the chamber has planned to open the desk again from July 1 for a week. Anyone from Dakshina Kannada may approach the help desk to get guidance, Mr. Saldanha said. It had also organised several seminars to educate the trade body about GST, including ones with State Commercial Taxes Commissioner Ritvik Ranjanam Pandeey and Mr. Subramanyam.
Post-GST rollout, it will organise another seminar, mainly featuring a question-answer session to address doubts, Mr. Saldanha said.
Manufacture of plastic, the ancillary industry of petrochemicals industry, which is dominant in the region, too did not face any hurdle during the migration, said Canara Plastic Manufacturers’ Association President B.A. Nazeer. He said the tax rates have slightly come down from 20.5% to 18% under GST.
The routine business too has not been affected in the transition phase, Mr Nazeer added.
