North­east IT Dis­trib­u­tors on wait and watch mode for GST

The DQWeek (Kolkata) - - FRONT PAGE - JYOTI BHAGAT Guwahati

The GST is com­ing into force from July 1 which will sub­sume all taxes into one. Now One state has to deal only with the Cen­tre gov­ern­ment not with ev­ery other state. It will also cause in­crease in tax rev­enue for the gov­ern­ment and make the process eas­ier. Hence In­dian IT Mar­ket’s eye is on GST as it will push the coun­try’s econ­omy ahead and also will in­crease the GDP.

Talk­ing to The DQ Week, some IT deal­ers and dis­trib­u­tors of North­east shared their present sit­u­a­tion and are hop­ing GST will bring some re­lief in their busi­ness fu­ture.

Sarad Bawri of Life­line En­ter­prise (shil­long) says, “The present sce­nario of mar­ket is re­ally bad in Shil­long. To­day the sit­u­a­tion is dif­fer­ent, the mar­ket is to­tally based on Gov­ern­ment pur­chases and more­over the econ­omy is. It will be not wrong say­ing IT Busi­ness in the re­gion is still fac­ing the eco­nomic slow­down be­cause of de­mon­e­ti­za­tion that hap­pened like dis­as­ter to us. Hop­ping that GST will bring some­thing good for our busi­nesses” So for us GST is on wait and watch mode.

Lo­cal IT dealer in Mi­zo­ram, Lalh­ming Thanga, Sun­flower Elec­tronic says, “Elec­tronic busi­ness mar­ket is run­ning down in Aizawl. At this sit­u­a­tion our main fo­cus is on re­tail busi­ness and not ap­proach­ing Govt. May be GST af­ter ef­fects will let us im­prove the sit­u­a­tion.

On the other hand, Jhon Chetri of The Com­puter House , a dis­trib­u­tor of Ma­nipur ex­pressed “the IT mar­ket of North­east is go­ing down af­ter de­mon­e­ti­za­tion. The deal­ers in the re­gion are now ea­gerly wait­ing and plan­ning for GST to cope up with the down­fall. No doubt GST will help in tax re­lax­ation and the payable tax will be the same all over In­dia so that we can deal across the coun­try.”

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