The check gates will be close down from August 1, GST preview
Guwahati/ 17th July’2017 (Prag News Desk): Finance Minister Himanta Biswa Sarma announced that all check gates along the inter-state borders, including those dealing with non-GST items like transport, excise, etc., will be closed down from August 1.
The state government has taken an in-principle decision to shut down all check gates along the inter-state borders taking into consideration the non-GST items.
“The government will suffer a revenue loss because of the decision, however the impact of the move on government revenue will be known only after a year.”-stated the Minister.
The minister also added that the once the gates are closed, it will send across a positive message that the State businesses and house of multiple entrepreneurship will make up for the revenue loss to be caused by GST. He also mentioned that departments like excise, transport or for that matter even the Agriculture Marketing Board will have to bear major losses in terms of revenue.
To monitor the impact of GST, the government will hold a meeting of all departments concerned tomorrow to chalk out a detailed policy in this regard.
The Assam State Agricultural Marketing Board is heavily dependent on the check gates for its cess collection. Funds for all affairs of the marketing board, including the salaries of 1,100 employees, are met from the cess collection.
The State government has also launched the trial of the e-way billing system which will ensure barrier-free movement of goods under the GST regime. According to Sarma, the system would be in place before August 1.