75th Founding Day Lecture Meeting on “India@2030” Know More

June 2023

Logistics Sector

By Sunil Gabhawalla | Rishabh Singhvi | Parth Shah
Chartered Accountants
Reading Time 45 mins
INTRODUCTION

Logistics is one of the most essential sectors of an economy and comprises all supply chain activities, mainly transportation, inventory management, flow of information and customer service. Though primarily concerned with the movement of goods, the sector covers a host of activities apart from transportation of goods, such as clearance with customs authorities, storage of goods, etc., and requires involvement of various stakeholders, such as transporters (road/ rail/ air/ waterways), warehousing service provider, customs house agent/clearing and forwarding agents, etc., The various activities involved in this sector are listed below:

  • Transport of goods by road, rail, air and waterways, including multi-modal transport,
  • Freight forwarding services,
  • Warehousing services, including Free Trade Warehousing Zones,
  • Clearing and forwarding services, including services provided within port areas.

In this article, we have discussed the above activities covering the sector along with various GST issues revolving around them.

A. TRANSPORTATION OF GOODS

The core activity undertaken by this sector is the transportation of goods with all other activities being incidental to this. The mode of transportation of goods may be either by road, rail, air or waterways or a combination of more than one. The
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