GST Council likely to give green signal for freight movement by metro trains

The Goods and Services Tax (GST) Council is expected to approve a new proposal allowing metro trains to carry freight. This move aims to utilize the extensive metro rail networks for moving goods between depots, effectively using trains as a middle-mile logistics solution.
This development could significantly boost the logistics sector by offering a faster and more efficient alternative to traditional road transport. For investors, it signals a growing trend toward multi-modal transport infrastructure, which may improve operational efficiency for various industries relying on timely delivery.
Investors should watch for the official implementation timeline and the volume of cargo handled during the pilot phase. The success of this initiative could encourage other cities to adopt similar models, potentially creating long-term opportunities for logistics and infrastructure companies.
Excerpt from BusinessLine
E-Way bills could soon be generated for goods transported through metro rail network as GST Council is likely to consider a proposal to include the metro rail in the modes of transport. The Council is also expected to take up a proposal to clear the ambiguity on permanent transfer of Intellectual Property Right (IPR)…Read the original at BusinessLine
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