When India introduced a GST it was hailed as one of the biggest tax reforms in history – certainly impacting more people than any other reform.
India is fast moving away from paper and towards digital. It is not just about efficiency, it is also about removing opportunities for corruption.
From 1 April the e-Way Bill system became mandatory for all inter-State movement of goods. This is another step forward for India as it is fast becoming a leading global economy.
One of the big barriers to global companies operating in India has been the cost and delays in moving goods across state borders. This e-Way should change all that for the better.