GST implementation abolished check-posts in India, cutting transit times by 30% and driving growth in the logistics sector.
Improved Efficiency in India’s Transport Sector After GST Implementation
Following the introduction of the Goods and Services Tax (GST), Prime Minister Modi highlighted its positive effects on the transportation industry during India’s 71st Independence Day address in New Delhi.
Modi affirmed that the transport sector has consistently grown since GST’s implementation. He noted that the elimination of inter-state check-posts has led to a 30 percent reduction in goods movement time, saving the government thousands of crores of rupees.
This information was originally reported by Autocar Professional.