Perishables shippers in India have begun to feel the pinch from the additional Goods and Services Tax (GST) that became applicable on freight charges from 1 October, reports the Loadstar.
Some trade groups, representing reefer shippers, have threatened to suspend exports, saying freight charges are “unaffordable” as a consequence of this tax: 18% on air freight costs; and 5% on ocean.
Exports haltedThe All Kerala Vegetable and Fruits Exporters’ Association, a southern Indian body, has urged...
https://mfame.guru/hit-by-freight-tax-perishable-exporters-feel-the-pinch/