India – Goods and Services Tax (GST) on Export Freight charges

The Indian Government have issued by their latest notification No. 2/2018- Central Tax (Rate) an amendment stating that the export Ocean Freight will be exempted from Goods and Services Tax (GST) applicability, effective January 25, 2018 with a “sunset clause” up to September 30, 2018, i.e. the exemption will automatically be terminated after this fixed period.

For further information, please contact your local Hapag-Lloyd Finance Desk at [email protected].