GST Exemption on services of transportation of goods for exports through air or vessel expired on September 30, 2022. While taxpayers were hoping that the exemption on such services would be extended, the same was not done by the Government. As a result, air and ocean freight billed to customers in India will now be subject to GST. At the outset, it is candidly clear that expiry of such an exemption poses an additional tax burden on transporters and in turn on exporters.

In the present article, Our Partner, Mr. Deepak Suneja, Managing Associate, Mr. Rohit Kumar, and Executive, Ms. Sarita Mehra have deliberated on various implications arising post expiry of such exemption.

Please click on the below link to read our latest article titled ” Export freight made taxable – Overview and Repercussions!!!” on the issue.

NITYA I Export freight made taxable – Overview and Repercussions | Indirect Tax | Article 104