It has been quite some time now that GST has been implemented, first of all, I salute to this courageous effort by the government for taking this step in the interest of the people of India. We have to understand the plight which was being faced sometime back in the traditional system of non-transparency and too many types of taxes being levied which were not at all friendly and could not be understood by a normal person. Now, with the advent of GST, are we taking all the benefits of the said system?
What do we need to do? How can we participate in improving the economy? These were few questions which were there in my mind while writing this article.
I feel, that we as Indians must learn to collaborate. There is absolutely no collaboration amongst us. The last time we all collaborated together was when we got our Independence from Britishers. Today, we see that people inside the Companies are not collaborating and which are stopping the growth of the Companies. Also, we find that various government departments are totally Non – Collaborative due to which the efficiency of the nation is going down. There is still so much mismatch after the GST implementation between Centre and State and various departments are not working in synchronization which is ultimately leading to difficulty in doing the business.
There have been cases reported for the heavy penalties for the wrong filing of the e-way bill and also there have been instances wherein one state the department is interpreting the act in one way and in the other state, the department is interpreting the act in a different way.
If we need to grow as an economy, we should continuously look into following things
- Collaboration at all levels (Between various departments, within States and Centre)
- GST benefit with respect to Shared Warehousing and Interstate billing
- Usage of fuel-efficient environmental friendly vehicles
- Toll-Free transportation.
- Usage of more mechanized tools in material handling
- Enhanced usage of Barcodes
- Diesel to come under GST ambit
- Standardization of ICDs
- More Green initiatives like CNG and Electric vehicles
- More focused Mandis
- More schemes in rail transportation routes
- Small Entrepreneur Building Schemes (New Startup Initiatives)
- Re-monetization schemes wherein the people outside India should invest in Logistics Infrastructure here in India
The government should take initiatives in enabling some funds to create awareness in the industry to take such initiatives