Rules for goods’ transport in NCR get stringent
25 Sept 2012 5:31 AM IST
It’s a notification that has the transport industry operating in the national capital region in a tizzy.
The trade and tax department of the Delhi government has issued a strict warning on 21 September to transporters and traders that import or export goods in the national capital region without a goods receipt or bilti of the goods transport agent and a proper sales invoice under the Delhi VAT Act shall attract seizure of the truck carrying such goods.
The notice also said that the enforcement authority will levy a penalty of 40 per cent of the value of the cargo on the transporter / trader. Earlier, in the first week of September, the VAT enforcement department in Delhi also mandated online filing of information for the import of goods into Delhi so as to ‘bring accountability and transparency into the transactions routed by traders through transporters so that the revenue collection of the state exchequer improves,’ said a report by the Indian Foundation of Transport Research and Training (IFTRT).
The ruling is understandable given the extent to which tax evasion happens across the transportation sector.
‘The unholy combine of unregulated mass of goods transport agents/transport firms and traders in the city has been playing havoc with the revenue of the state by importing/exporting goods without proper compliance of tax procedure and evading tax at a large scale,’ said the IFTRT report.
At present, there are almost 4,500 goods transport firms in Delhi with networks spread across the country engaged in booking and delivery of cargo on behalf of traders in Delhi.
‘The import / export of cargo for sales makes it compulsory for traders to be registered with the VAT department and also mandates upon the transporters / GTAs / common carriers to be duly licensed / registered under the Carriage by Road Act 2007 and Carriage by Road Rules 2011,’ says the IFTRT report.
‘This registration of common carriers is to be carried out by transport department.’
The trade and tax department of the Delhi government has issued a strict warning on 21 September to transporters and traders that import or export goods in the national capital region without a goods receipt or bilti of the goods transport agent and a proper sales invoice under the Delhi VAT Act shall attract seizure of the truck carrying such goods.
The notice also said that the enforcement authority will levy a penalty of 40 per cent of the value of the cargo on the transporter / trader. Earlier, in the first week of September, the VAT enforcement department in Delhi also mandated online filing of information for the import of goods into Delhi so as to ‘bring accountability and transparency into the transactions routed by traders through transporters so that the revenue collection of the state exchequer improves,’ said a report by the Indian Foundation of Transport Research and Training (IFTRT).
The ruling is understandable given the extent to which tax evasion happens across the transportation sector.
‘The unholy combine of unregulated mass of goods transport agents/transport firms and traders in the city has been playing havoc with the revenue of the state by importing/exporting goods without proper compliance of tax procedure and evading tax at a large scale,’ said the IFTRT report.
At present, there are almost 4,500 goods transport firms in Delhi with networks spread across the country engaged in booking and delivery of cargo on behalf of traders in Delhi.
‘The import / export of cargo for sales makes it compulsory for traders to be registered with the VAT department and also mandates upon the transporters / GTAs / common carriers to be duly licensed / registered under the Carriage by Road Act 2007 and Carriage by Road Rules 2011,’ says the IFTRT report.
‘This registration of common carriers is to be carried out by transport department.’
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