As the logistics is also comes under GST here are the major effects of GST on logistics sector described below:
- There is no delay in delivery of goods here because as previous tax regime be considered there are many taxes impacted on logistics sector like green tax, state tax,toll variety of taxes but dur to the change in tax regime as GST comes in this will become a single tax unit hence no other tax here so the smooth working without any delay.
- Now only the 13 % accounts for logistics in Indian GDP but due to GST it will boost and goes more up instantly as there is no extra tax here just simple single unit of tax for all supply.
- Also reduction in paper work will also boost the logistics industry and supply be always the first of all kinds of goods with out any extra taxes.
- As in previous there is states taxes also but in GST it becomes very less or some states do not have means saving of transportation time comparison to the previous tax regime means gain in the whole structure here.
Comes to the conclusion that logistics industry can boost their efficiency and also comes as boost in GDP every year saving delivery time.
LOGISTICS क्षेत्र पर जीएसटी प्रभाव: सर्वश्रेष्ठ जीएसटी सॉफ़्टवेयर
Some of the logistics GST related software listed here:
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