GST rollout: 22 states including Delhi, Maharashtra abolish check posts

This decision will help consumers to pay exact price of products after GST

Raising TSFTA's grievances with Union labour minister Bandaru Dattatreya, who was in the city, Ammanabolu said that the textile trade is carried out even in remote villages.

The prices of vehicles for end customers on large UVs and SUVs have been reduced by an average of 6.9 percent, while those that come under small auto segment have been reduced by an average of 1.4 percent, Mahindra said in a regulatory filing.

Taking a step towards smooth transportation of goods across state borders, 22 states removed border check posts with the arrival of Goods and Services Tax (GST).

There is already an inbuilt mechanism of anti-profiteering clause to ensure that GST benefits are passed on to the consumer.

He said that it was not possible for traders to sell goods above the maximum retail price in the name of GST. A review meeting will be held every week to keep a close watch on the GST rollout, the statement said.

State level check posts used to collect taxes on movement of goods which will not be required under the GST regime that took effect from July 1.

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Commissioner G.V. Krishna Rao said that GST had only five rate slabs applied on a comprehensive base of supply of goods and services and hence by virtue of its design, it would be much easier to administer.

"The problem is the miscommunication and rumours floating around social media....things are becoming more complicated due to this", the official said.

Earlier, Revenue Secretary Hasmukh Adhia also busted seven misconceptions regarding GST.

The state screening committee will be formed after the Central Anti-Profiteering Authority is constituted.

"It is not only businesses and companies that have queries but many individuals have also been posting comments as they are anxious about higher prices", said an official.

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