Merchandise exporters to pay 18% GST on shipping costs: Govt

Economic Times

Merchandise  exporters  will have to cough up 18% goods and services tax, or  GST , on the services of transportation of goods, a move that the industry says could lead to cash flow issues at a time when exports are declining. This follows a recommendation of the  GST Council  that the place of supply of transportation of goods must be determined on the location of the ser…

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