Indian Road Freight & Logistics Glossary
The definitive reference guide for Indian road transport contractors, freight brokers, and fleet accountants. Master statutory rules for Lorry Receipts, Reverse Charge (RCM), Section 194C, and E-Way Bills.
Transit Documents
Bilty (Lorry Receipt / LR)
A legal consignment note issued by a Goods Transport Agency (GTA) acknowledging receipt of goods for transit by road.
POD (Proof of Delivery)
The consignee-signed copy of the consignment note confirming delivery of goods in sound condition.
E-Way Bill (Electronic Way Bill)
A mandatory electronic document generated on the GST portal for movement of goods worth over ₹50,000.
Freight Billing
To Pay vs Paid vs TBB (To Be Billed)
The three universal freight payment settlement mechanisms used in Indian commercial logistics.
Lorry Hire (Gaadi Bhada)
The gross amount contracted to be paid by a freight broker to a hired market truck owner for a trip.
Halting & Detention Charges
Per-day compensation paid to a truck owner when vehicle loading or unloading is delayed beyond free time.
Legal & Tax
GTA (Goods Transport Agency)
Any commercial person or entity providing transport of goods by road and issuing a consignment note (Bilty).
RCM (Reverse Charge Mechanism)
A GST provision where the recipient of freight services pays the tax directly to the government instead of the transporter.
SAC Code 9965 vs 9967
Service Accounting Codes used on freight invoices to classify road transport vs auxiliary cargo handling services.
Section 194C TDS on Transporters
Income tax deducted at source by corporate payers on freight payments to contractors.