India's auto sector is set for continued strong demand for the next 2-3 quarters. Elevated growth is anticipated through CY26. This positiv...

Nestle India faces economic challenges including the Iran war, inflation, and a weak monsoon prediction. The company is increasing advertis...

Bengaluru exporters are poised to thrive as the India-Middle East-Europe Economic Corridor gains traction. This innovative route presents a...

India's commercial vehicle sector is set for a record year in fiscal 2027, reaching 12.4 lakh units. Growth is expected to settle at 5-6 pe...

Since the beginning of the war, these two clusters are struggling due to a shortage of propane, with many units closing shops.

India’s automobile sales hit a record high in FY26, driven by tax cuts, lower interest rates and revised income tax slabs, according to Soc...

India’s auto industry saw strong growth in March, with passenger vehicle dispatches rising 16% year-on-year to 4.42 lakh units, according t...

Exporters report shipment delays of up to 60 days, 20-30% cost escalation, and growing order uncertainty due to the West Asia conflict.

This resulted in taxing the transportation of export cargo by the Indian transporters / freight forwarders, liable to Integrated GST (IGST)...

Currently, the export freight rate charged by Indian shipping lines to Indian exporters is taxable while freight charged by foreign shippin...

The pandemic resulted in severe supply disruption across the globe, and as result the freight rates are much higher today than it was durin...

The meeting assumes significance as India's exports contracted by 3.52 per cent to USD 32.62 billion in September against USD 33.81 billion...

The exemption from GST on export freight, introduced in 2018, ended on September 30 after being extended twice. Exporters now have to pay 1...

Members of the Federation of Indian Export Organizations (FIEO) have expressed their concern over the exemption not being extended, they st...

In a letter to finance minister Nirmala Sitharaman on Sunday, the Federation of Indian Export Organisations (FIEO) said that overseas freig...

Tax Connect Advisory Services Partner Vivek Jalan said this is a big relief for importers and GST taxpayers. "In fact those taxpayers who h...

Under the previous system freighters were not liable to pay any tax under the service tax regime,while now they have to pay 18 per cent GST.