Welcoming GST, 22 States Abolish Border Checkposts

by Ben Pena July 6, 2017, 0:15
Welcoming GST, 22 States Abolish Border Checkposts

The biggest indirect tax since Independence, GST removes at least 17 different taxes and transforms India into a single market for seamless movement of goods and services.

According to a finance ministry statement, Punjab, Himachal Pradesh, Assam and some north-east states are also in the process of abolishing check posts.

Among the states that have removed the checkposts are Andhra Pradesh, Bihar, Gujarat, Karnataka, Madhya Pradesh, Maharashtra and West Bengal. The company has started supply of batches on new rates from July 1 from its warehouses, when the new tax structure came into force.

Speaking on the initial feedback received post-GST rollout, Adhia revealed that the new taxation system has been well received.

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The Nepali Commerce Ministry said on Monday that it has written to India through the diplomatic channel urging that the GST regime should not impinge upon trade and transit treaties between the two countries.

A session of the assembly of J&K, which is yet to enact the law+ for the implementation of GST, has been convened on Tuesday to consider approving the legislation.

The review was focused on the general situation after the GST implementation and consumer impact of GST implementation in particular. "We have submitted to the government that the input tax credit available for the units is only four per cent", Mariappan said. Jammu and Kashmir is the last state to pass the SGST bill.

"Government has asked all the departments to ensure that their is no shortage of products and consumer items in order to keep a check on prices". He also asked departments to be ready to deal with queries of their respective stakeholders concerning GST. He said each department and ministry should make sure that benefits of GST are passed on to consumers which would help keep inflation under control.

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