Quote by Harsh Vardhan Gupta, Co-Founder & CEO- India, MatchLog Solutions on recent GST Reforms

MUMBAI: The GST Council has announced a major relief for the logistics sector by slashing tax rates on key freight services. GST on multimodal transport (excluding air) has been reduced from 12% to 5%, renting of goods carriages (with fuel included) is now taxed at 5% instead of 12%, and third-party insurance of goods carriages has also been brought down to 5%. For Goods Transport Agency (GTA) services, the rate continues at 5% without ITC, while the option with ITC has been revised to 18%.

These changes are expected to bring down operating costs for transporters, exporters, and fleet operators while improving the efficiency of cargo movement across the country. The move could also accelerate adoption of smarter, tech-driven logistics solutions.

Mr. Harsh Vardhan Gupta, Co-Founder & CEO- India, MatchLog Solutions commented on the recent GST Reforms “The GST relief on freight and carriage services is a decisive boost for the logistics sector. Bringing down the tax rates will ease operating costs for transporters, exporters, and fleet operators, making cargo movement more efficient across the country. It also creates the right environment for faster adoption of digital and technology-led models that can optimize turnaround times and reduce inefficiencies in the supply chain. At MatchLog, we believe this move will act as a strong catalyst in scaling smarter, greener, and more sustainable logistics solutions, aligning well with India’s broader push towards supply chain modernization and decarbonization.”