Telangana low GST ceiling hits traders

Hyderabad:  Mr Satyanarayana owns a shop selling hardware supplies and minor power tools in Chikkadpally. His turn--over is between Rs 20 lakh and Rs 25 lakh. His margins are thin; his gross profit is generally less than Rs 8 lakh. But he has to pay huge amount every month to an accountant to file his GST returns. The stories of several small business owners in Telangana are largely the same.…