GST will boost relocation sector
The GST (Goods and Services Tax) will regime from July 2017, clearing all legislations required for one of the most ambitious reform measures since Independence.
According to some media report, it is said that the relocation sector may benefit after GST comes into action. As per the relocation industry professionals, GST can benefit them in terms of transparency. Like when the trucks move from one state to another, heavy taxation and paper work is imposed. Such things will get cleared out after GST is implemented.
Relocation sector is growing in leaps and bound and thus GST here will play a vital role. Shifting from one place to another is edgy. Shifting a home or office space or even a small business is always stressful and tedious. And to top it up there are worries of paying the taxes and whether the vehicle gets approval to go ahead. This does affect the delivery time and the hassle of receiving the goods at odd times.
Hence it becomes difficult for the relocation companies to convince their clients. Also the client needs to be sure about the company if it secured and trustworthy. If it can provide the best services and also not very heavy on the pocket. Moreover, if we talk about the present scenario there are lot of competition in the relocation sector. One such player is Interem.
The Interem Relocation Company provides insurance for all valuable products against any damage, while the goods are in transit and also if you have any pets they are also taken care while moving from one place to another. Don’t you think this is something interesting! It is one of the top movers and packers in different cities, towns, and also in every part of a country, at a preferred budget.
“Relocation business is always pan-India or globally. Multiple States mean multiple tax structure which has been a great pain for the transportation industry. It is great news for us that GST is getting implemented. This will be a huge benefit for a relocation sector, said by Rahul Pillai, CEO of Interem relocation.
Further he adds that, “We are consistent and enthusiastically working on relocation sector which makes more easy in India and abroad. Thanks to both associates and customers who have trusted our company. We give you the assurance that we will keep you on providing the quality services”.
This sector is eagerly waiting for GST to become a reality. It will be crucial to see that how GST becomes a transparent method of doing business, and how this sector can benefit from this service! Time will say about the advantage and disadvantage, till then just wait and watch.