How to Choose a Goods Transport Service Provider

If you're looking for a logistics partner, there are some things you should look for. Among these are Cost-effectiveness, Zero-rated service, and Exempt from GST. These are some of the most important factors to consider when choosing a logistics partner. After you have compared their services and their costs, you can now choose the best one. Learn more about Goods transport service.

Exempt from GST

Goods transport agencies are those businesses which facilitate the overall movement of goods. Since transportation plays a crucial role in the overall economy, the government has made this sector exempt from GST. Moreover, it is not mandatory for Goods Transport Agencies to register for GST.

Zero-rated

A zero-rated goods transport service is one that enables the transportation of goods from one country to another for a zero VAT rate. This service involves local transportation and handling services, but it is also a way to export goods to a country that does not charge VAT on imported goods.

Interlining

Interlining a goods transport service involves contracting between two parties to provide the same service. An interliner can provide a range of transportation services for a single customer. For example, a trucking company might subcontract with an owner-operator, and the owner-operator may in turn subcontract with another carrier. Generally, this would be considered a zero-rated supply under the interlining rules.

Cost-effectiveness

If you're in the business of shipping goods, understanding how much it costs will help you get the best price. Consider the cost of linehaul, pickup and delivery, and terminal handling. You'll also need to account for billing and collecting.

Consignment note

A consignment note is a document that accompanies a consignment throughout the process of transport. It documents the contents of the consignment and provides proof of delivery. In the case of a railway consignment note, it confirms that the freight was collected by the carrier.

Taxability

A goods transport service can be taxable if the service is provided to a taxable person. The taxable person can be either a person or a firm. Taxable persons must be registered in the taxing jurisdiction of the place where the service is provided. The service recipient must also be registered.