Saturday, 1 July 2017

Scintilla - GST Day 1

Hola!

I am an Entrepreneur and have been running my store Scintilla over 2 years now! It was always in my mind to write about the kind of interesting encounters I have at my store.. Here I am :)

A quick intro on Scintilla - Women's Apparel store in Koramangala catering to the needs of today's quintessential Women! Scintilla has a wide choice of 2000+ Kurtas, Short Tops, Leggings, Palazzos, Patialas, Stoles, Dupattas, Waist Coats and more...



 
Today is the day 1 at Scintilla with new tax structures. Since Scintilla deals with Apparels, it has two different tax slabs - 5% GST for item below Rs. 1000 and 12% for item above Rs. 1000.  It was not that hard for us to transition from VAT to GST except that the POS we were using needed to be tweaked a bit.

Right now, one is not sure about the impact of GST on inflation but the government has consistently maintained that the GDP would increase once the nation transitions to GST.

I started my day with a positive note - 1st day of the month and 1st day after GST roll out.. Slight corrections on the POS to add CGST and SGST took a bit of time with the POS help desk but it went on smoothly..

I had a customer asking "Am I GST eligible?" I was not sure about the query but I told her that Scintilla was GST ready from 30th mid night :) The day went on well with out any questions on GST but I was telling my customers about the break up on GST based on the item value :)


Because of the flurry of offers given by big brands and E commerce sites, people kept asking just one question "Is there any offer going on?"

Scintilla is one of the prominent place for shopping at Koramangala, near Jyoti Nivas College. Review by LBB gave a good exposure for Scintilla to a wider audience. See https://lbb.in/bangalore/jnc-shopping/

Scintilla is not just a Kurta store but a store with a difference for its wide collections, friendly staff, in house fitting option, mix and match options and exclusive items all at a great cost :)

More to come....





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