STOCK MARKET BSE NSE

Confusion shrouds vehicle outlets, sales suspended

With the GST regime some of the vehicle dealers in Kerala have stopped billing and booking of vehicles since 12 pm on Friday.

Published: 02nd July 2017 07:26 AM  |   Last Updated: 02nd July 2017 07:26 AM   |  A+A-

By Express News Service

KOCHI: With the GST regime some of the vehicle dealers in Kerala have stopped billing and booking of vehicles since 12 pm on Friday.
“We have stopped billing and booking since midnight on Friday,” said Sivaprasad P Nair, senior manager, Hilton Yamaha, here. “We have also informed customers who have already done bookings for bikes and scooters that the final prices will be calculated at the time of the delivery of the vehicle. The new rates will be calculated based on GST.

We are also not able to accept vehicles for servicing. We have decided to do normal free services despite the confusion but no paid services. There is no clarity about the change in prices for accessories and spare parts which would need replacing.”

Day one of the GST regime had its impact on the business of posh restaurants in the state as they had already started adding 18 per cent GST to the bill. When Express met the manager of Khasak restaurant here, he raised apprehensions on dip in business in the coming days.

“We expect a dip in sales initially. Gradually, it will make it up. If you eat for Rs 100, you have to pay a total amount of Rs 118. Many customers who were unaware of GST questioned us about the hike in the bill. However they will get used to it like in the case of demonetisation,” said C Sajan.
Transportation of goods from other states has been affected owing to a glitch in issuing the GST ID number. Earlier, a communication had mentioned the ID could be secured using Aadhaar number.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp