Indian Transport and Logistics News Updates dated 29/04/2017

Logistics Updates

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Indian Register of Shipping expands operations in India

BY PTI | UPDATED: APR 28, 2017, 05.50 PM IST

SINGAPORE: Indian Register of Shipping, a Mumbai-based globally recognised ship classification society has started its next phase of expansion in India after strengthening its footprint in major maritime centres abroad.

“We are working with Inland Waterway Transportation Authority (IWTA) on a number of projects which include Liquefied Natural Gas (LNG) fuelled vessels and fuelling stations within the National Waterway 1 project on Ganga,” said Arun Sharma, Executive Chairman of Indian Register of Shipping (IR Class) at the Sea Asia 2017, a premier maritime conference yesterday(see more)

Rs 11,000-cr Eastern Peripheral Expressway to complete in August: Nitin Gadkari 

BY PTI | UPDATED: APR 28, 2017, 01.34 PM IST

BAGPAT (UTTAR PRADESH): India’s first smart and green highway — Eastern Peripheral Expressway — for decongesting Delhi will be completed in August this year, Union Minister Nitin Gadkari said today.

Prime Minister Narendra Modi will dedicate to the nation the 135-km, the nearly Rs 11,000 crore access-controlled six-lane expressway. The project is replete with smart and intelligent highway traffic management system (HTMS) and video incident detection system (VIDS) besides a closed tolling system in which the collections will be made only on the distance travelled and not on the entire length (see more)

India – New service tax on all import freight/hire

April 26 2017

An exemption from India’s service tax for services provided, or agreed to be provided, by a party located outside India (i.e. in non-taxable territory) to a another party also located outside India, for the carriage of goods by sea from a place outside India up to a customs clearance station in India, was withdrawn following the introduction of “Notification No. 1/2017 – Service Tax” dated 12 January 2017(see more)

Gadkari, Chouhan hold talks on Chambal Expressway

BHOPAL, APRIL 28:  

A 300-km-long Chambal Expressway, connecting Madhya Pradesh with Uttar Pradesh and Rajasthan, is proposed to be constructed through the ravines of Chambal region, an official said.

The proposal to construct the six-lane expressway was discussed at a meeting between Madhya Pradesh Chief Minister Shivraj Singh Chouhan and Union Minister for Road Transport Nitin Gadkari in Delhi on Thursday, a Public Relations department official said here.

“After his meeting with the Union Minister, the Chief Minister said a 300-km-long, six-lane Chambal expressway is proposed in Madhya Pradesh. The right-of-way (a type of easement granted or reserved over the land for transportation purposes) for this expressway will be 100 metres,” the official added(see more)

 

 

 

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