Economic Survey 2023-24: GST played remarkable role in reducing logistics cost

The Goods and Services Tax (GST) has played a remarkable role in bringing down the country's logistics cost, Economic Survey on July 22 said. The 'One Nation, One Tax’ regime has ensured that trucks do not have to wait for hours on State borders, which has brought down the travel time by up to 30%. “This has reduced the logistics cost and increased the average distance trucks t…