SME preparedness: GST cloud over sports goods business in Meerut

Businesses say migration won't be easy, especially with regard to online infrastructure

Sumnesh Agarwal, a Meerut-based sports goods manufacturer and exporter, is treading with caution owing to the “uncertainty” surrounding the incoming goods and services tax (GST). He says he is holding back cricket gear worth Rs 40 lakh, as he wants to first see how the new tax regime pans out on the ground.
 
“By the time these goods would have reached their destination, it would be July 1. Right now there is lack of clarity on what it (GST) will entail. So, we are not dispatching (cricket gear) this week, even if it may tick off some customers,” Agarwal