GST gives wings to India's commercial vehicle industry

The first major impact of the new tax reform has been in facilitating smoother and speedier trucking across the country as inter-state border checkposts, long known to be speedbreakers of transport, were dismantled across 20 states. This has helped in reducing the travelling time for the transport community by around 20-25 percent, thus bringing in much-desired efficiency in the sector. Accor…