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Request to preserve the ongoing exemption of Goods and Service Tax (GST) for international air and ocean freight services

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on 8th Sept. 2021, with a request to preserve the ongoing exemption of Goods and Service Tax (GST) for international air and ocean freight services. government’s continued emphasis on promoting exports. We believe that GST on international air and ocean freight will increase business costs for exports. Such a shift in the tax position could result in significant issues for the Indian logistics industry, which in turn will negatively impact Indian exporters, including many small and medium-sized businesses