Getting Ready for Transport E-way Bill
The Goods and Service Tax (GST) is rolled out on 1 July, 2017 (in few countries it is also known and Value Added Tax) and definitely this will create a positive as well as negative impact on various sectors. Sectors like Textiles, Auto, Engineering, Capital goods, Power Equipment, Pharmaceutical, Real Estate, Logistics and Transportation are going to have positive impact whereas service sectors like Airlines, Insurance, Telecom are going to have negative impact from the higher service tax rate of 18% v/s 15% currently.