Xeneta’s long-term XSI shipping index fell last month for the first time since January, and is likely to drop sharply in the coming months as shippers demand cheaper new contracts and mid-term rate reductions. The modest 1.1% decline in the XSI last month “won’t be the last”, according to Xeneta CEO Patrik Berglund, who said […]

In a much-needed respite back in 2018, the Central Board of Indirect Taxes and Customs (CBIC) released a notification to exempt the following from application of Goods and Services Tax (GST): Service by way of transportation of goods by aircraft from India to a place outside India. Service by way of transportation of goods by […]