[vc_row][vc_column][vc_column_text]The roll-out of GST, which subsumed all the major central and state taxes, will ensure smooth movement of trucks across state borders. Border commercial tax check posts have been abolished in 22 states, including Andhra Pradesh, Bihar, Gujarat, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Tamil Nadu, Sikkim, West Bengal, Delhi, Haryana, Odisha, Rajasthan and Uttar Pradesh, after the GST launch on July 1.
Also, eight states — Assam, Himachal Pradesh, Manipur, Meghalaya, Nagaland, Punjab, Mizoram and Tripura — are in the process of removing them. However, there will still be toll collection points.
Now, the GST will be imposed even on inter-branch transfers but input tax credit will be given, which was not the case under the CST. This will help companies reduce their warehouses, she said.
According to the estimates of the World Bank, halving the delays due to roadblocks, tolls and other stoppages could cut freight times by 20-30 per cent and logistics costs by 30-40 per cent. “This alone can go a long way in boosting the competitiveness of India’s key manufacturing sectors by 3-4 per cent of net sales, thereby helping India return to a high growth path and enabling large-scale job creation,” it said.[/vc_column_text][/vc_column][/vc_row]
