GST rollout to reduce logistics costs up to 30%: Crisil report

The implementation of GST will help reduce logistics costs for companies by up to 30% over 3-4 years due to savings in warehousing cost and elimination of check-posts, ratings agency Crisil said today.Once the CST (Central sales tax) is phased out, optimisation of warehouses and inventories will accrue in savings on logistics.However, to maximise benefits from the rollout of GST, a complete phasing out of CST (currently paid for inter-state movement of goods) and dismantling of state-level check-posts are imperatives.