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GST preparedness: As registration rises, small traders remain jittery

Almost all of 5,60,000 traders in Karnataka had migrated to new platform as of June last week

Photo: Shutterstock
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Photo: Shutterstock

BS Reporters
Karnataka seems to have taken the lead in migration to the goods and services tax (GST) regime, with almost all traders moving to the new platform. There are 5,60,000 traders in Karnataka, and, as of the last week of June, all of them had migrated to the GST platform. Ironically, West Bengal, which has been seeking a postponement of the GST roll-out, has fared better among most other states; since May, the enrolment has moved up from 89 per cent to 94 per cent. In contrast, the figure for Gujarat, at the forefront of spearheading the GST, is at 93