No check-posts, "leaner" logistics chain & reduced costs beneficial to transport sector, explains Finmin

Jul 26,2017

Ministry of Finance explains the benefits of GST for transport sector, which was hitherto forced to spend a lot of resources on tax compliance and deposit of inter-state sales tax owing to complex tax structure and paper work; States that before GST, “An average Indian truck covers only about 50,000-60,000 km a year as against 3 lakh km done by a truck in US.”; According to the Ministry, unified tax regime has obviated the need for inter-state check posts, thus reduc...


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