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GST procedural hurdles easing out for exporters: CFBA

Press Trust of India  |  Kolkata 

The initial procedural and software glitches of Goods and Services have smoothen a lot, Calcutta Freight Brokers Association said today.

"Initially, there were lot of problems with procedural issues since was rolled out from July 1. There were problems in generating shipping bills. But a lot had been eased and now export consignments has also picked up now," Calcutta Freight Brokers Association chairman Rajiv Agarwall said here today on the sidelines of the 79th AGM.

"We hope will bring in benefits in the long run but we have to wait to see whether the new taxation regime help us," former CFBA chairman Jain said.

Jain said, "exporters are not happy with the imposition of five per cent on ocean freight which was exempted earlier. This will lock up working capital."

Exporters are also facing confusion on GST on of cargo.

Agarwall said draft remains problem for Port and after Dhamra Port begins container cargo there is a risk of flight of cargo.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 14 2017. 16:23 IST