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GST rollout improves business efficiency by 30%: Modi

Goods and Services Tax - GST - Dated:- 16-8-2017 - New Delhi, Aug 15 (PTI) The abolition of inter-state check posts after the implementation of GST has reduced time for movement of goods by 30 per cent and saved thousands of crores of rupees, Prime M .....

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ng the nation from the ramparts of the Red Fort on the occasion of 71st Independence Day, Modi said technology has made the rollout smooth in a short span on time. Trucks (carrying goods) are saving 30 per cent (travel) time post GST as check posts h .....

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happened, he said. The biggest tax reform since Independence, GST was rolled out from July 1. The new indirect tax regime has subsumed over a dozen state and central levies like excise duty, service tax and VAT, and has replaced them with four tier .....

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al and location-based tax compliance, resulting in delays in delivery of goods and cause environment pollution as trucks queue up for clearance. Modi said crores of people are behind the success of GST and the implementation of the new indirect tax r .....

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