Logistics Industry 01/06/2016
One of our Client is doing a project in the logistics industry and wanted to connect with some experts who have experience in legal/operations part of the sector. The subject they want to understand is ? What are the documents required for transporting goods from one point to the other (need of documents across intracity, intercity, interstate etc.) ? What are the significance of these documents (e.g. Invoice, LR, Chalan) ? How does the above two change based on spot market vs. long term contract market ? How does the answer to the first two question change based on the fleet size/ owner (single owner/ own truck/ rented truck/ attached truck etc.) ? What is the prerequisite for a party to create/ provide these documents ? Digitization possibility of the required documents for transportation ? What are the legal/ financial liabilities that each of the parties involved in the transportation (shipper, booking agent, transport agent, carrier) ? What are the tax implication on these parties (Octroi, Service tax, income tax etc.) ? Any other licenses required to enter logistics business as a shipper/ carrier/ intermediary (booking agent/ transport agent)