Kumari Palany & Co

Monthly stock-taking in retial shop should not be compulsory - Trader’s association

Posted on: 27/Dec/2013 10:13:17 AM

Tamil Nadu Traders’ Association general secretar, Mr. S.Shunmuganathan presented a petition to the state minister for commercial taxes and the department’s secretary.

The petition explains that there more than 100 products stocked and sold in the retail shops. Also, there is ahortage of hands to man the shops.thus, stock-taking requires more time. It is difficult to maintain monthly stock balance in these conditions. Hence, it is requested that the present system of keeping yearly record of balance stock should be continued.

The proposal for monthly record of stock balance should be dropped. The ministry shoule take efforts on more important activities for the benefit of traders.

One representative for each district should be delegated for this.