"GST has resulted in efficiency gains in the transport and logistics sector. Inspector Raj has vanished. It has benefitted MSME. Consumers have got an annual benefit of Rs 1 lakh crore by GST," Sitharaman said.
The rupee moved up to trade at 71.66 following strong gains in equity markets.
Reliance Industries, one of India's most valuable companies, closed nearly 3.1 per cent up and was the top boost to the markets on Tuesday.