The transport sector stands to benefit from the recently rolled out GST in several ways. This will result in reducing the travel time of long-haul trucks and other cargo vehicles by at least one-fifth. GST Beneficial for Transport Sector. This, coupled with the proposed E-way bill that will require online registration for movement of goods worth more than Rs 50,000, will ease the movement of freight further, and bring in more transparency in the whole process.

A single GST also means an optimised warehousing structure. Nitin Gadkari, the Minister for Road Transport and Highways and Shipping, India’s logistics sector would gain the most from the Goods and Services tax as costs would fall by almost 20%. He has also said that logistics parks are being set up at various places across the country to act as freight aggregation and distribution hubs. These logistics parks will enable long haul freight movement between hubs on larger sized trucks, rail and waterways. This will not only reduce freight transportation costs, but also throw open many employment opportunities and reduce pollution levels.

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