Top News

|  DP World reports 10.7% gross volume growth in Q2 2017  |    |  Major Ports post combined net surplus of INR 2820 cr in FY 2017  |    |  Odisha sets a target to reach INR 1 lakh cr exports by 2025  |    |  Shapoorji Pallonji Group to spend INR 2,000 cr in Odisha Gopalpur Port  |    |  Air India SATS Airport Services launches mobile app for tracking cargo  |    |  IndiGo & Jet introduce additional flights to Doha, Mumbai from Kozhikode  |    |  Port of Rotterdam registers impressive container throughput rise in H1  |    |  New waterways to connect India with Bangladesh  |    |  Yang Ming to start New Korea-Taiwan-Hong Kong service  |    |  DFC to be commissioned in 2 years  |    |  Domestic air traffic up 20% in June  |    |  No new port in 100 km vicinity of major ports  |    |  IRCTC to install 1,100 water vending machines at railway stations  |    |  Port of Antwerp first half volume increases by 1.9% to 5,143,305 TEU  |    |  Asia-Europe rate falls 2.1% to USD 919 TEU, declines 3.1% to USWC  |    |  Operations at international cargo terminal likely to begin soon  |    |  Haicang Port sees 1H cargo rise 20.7% to 3.12 million TEU  |    |  Bahri gets delivery of 39th VLCC, strengthens its leading position  |    |  Shreyas Shipping & Logistics signs MoA to acquire one Multipurpose vessel  |    |  Businessman to sell 12% stake in CIAL  |   
You are here: Home » National News » Roadways» Little impact on truck movements between India & Bangladesh

Little impact on truck movements between India & Bangladesh

04 July 2017 | Kolkata


India and Bangladesh trade has not seen much of a blip with the GST roll-out as the two major land custom stations Petrapole and Mahadipur have completed their switchover to the new tax regime.

Exporters too confirmed that there wasn’t much of a problem with truck movements, as on Monday.

Petrapole (100 kilometer (km) from Kolkata) the largest land port has not seen any problem as such. However, there were some initial hiccups at Mahadipur in Malda (some 370 km from Kolkata) on Sunday. Mahadipur, a distant second, handles around 500 trucks a day.

A senior government official said that “There could have been some issue with the switchover; but all that has now been sorted out. The mandatory upgrade has happened.”

According to Basant Saraf, Director, Saraf Texim, export truck movement through Petrapole-Benapole land port has not been affected.

Saraf Texim is engaged in exporting steel, chemicals, food-grains and poultry feed to the neighbouring country.

Under GST, an exporter will need to pay applicable taxes on transactions, but can seek a refund. Tax exemptions are not given to them as it could break the GST chain.

However, exporters claim that absence of such a tax refund pushes up their working capital requirements substantially.

Transreproter Logo