Subscribe to the Bombay Chartered Accountant Journal Subscribe Now!

August 2010

On road to GST, states okay single truck permit

By Raman Jokhakar
Tarunkumar G. Singhal
Reading Time 1 mins

New Page 1

62 On road to GST, states okay single truck permit

Transport Ministers agree to national permit of
Rs.15,000/annum per truck. Inter-State transport of goods is set to become
hassle-free and cheaper with the state governments agreeing to give up their
powers to issue separate transport permits.

Transporters would now have to pay an annual fee of Rs.15,000
per truck for moving across the country, according to the new rule agreed to by
the states’ transport ministers. The new national permit regime will strengthen
the efforts to obtain a national market for goods and services through the
proposed goods and services tax or GST that seeks to create a seamless pan-India
market.

(Source : The Economic Times, dated 17-4-2010)

You May Also Like