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News / India's air cargo market takes a hit as forwarders face 18% tax on exports

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© Andrii Yalanskyi |
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Indian airfreight forwarders are finding themselves in a cash flow squeeze amid heightened growth challenges, following the 18% Goods and Services Tax (GST) imposed on export freight charges.

The levy comes after the government removed exemptions on 1 October.

GST is a value-added tax on goods and ...

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