State Exempts GST and Royalty Charges for NH Projects:

Kerala has exempted GST and Royalty Charges for NH Projects

The Kerala Cabinet met on Wednesday and made an important decision to support road projects in the state. They agreed to stop collecting certain taxes on materials used to build highways.

Specifically, the state will no longer collect its share of GST (Goods and Services Tax) and royalty fees on construction materials used for National Highway projects in Kerala. This decision applies to all future highway projects that will be built by the National Highways Authority of India (NHAI). Kerala's government believes good highways are essential for the state's growth and development. They had already sent a detailed proposal about this to the Union Minister who handles road transport. The Minister had specifically asked Kerala to participate more in these highway projects. After careful consideration, the state government decided this tax waiver was the best way to support and participate in national highway development. This should make it easier and less expensive to build new highways in Kerala. The decision shows Kerala's commitment to improving its road infrastructure through partnership with the central government, which could lead to better connectivity and economic opportunities throughout the state in the coming years.