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The government by way of Notification no 28/2005 has withdrawn the exemption enjoyed by the air cargo operators from June 16 2005, resulting in an additional burden of 10.2% service tax to be levied on export cargo freight rates.

This means that all the freight rates from India automatically become 10.2% more expensive. The notification says that this tax is to be collected for services rendered in Indian rupees.

According to Mr Amit Goyal, president, CIAE said, "The apparel exporters ship their goods on CIF basis which means we collect the freight amount form the customer in foreign currency and make the payment to the airlines in India in rupees, but this is foreign inward remittance so why should we be paying the service tax, This is totally illogical."

According to Mr J B Jain of Rupam the notification is even more hard hitting than what it looks as this 10.2% is to be paid on the published freight rate as most exporters normally get 20-25% discount on the freight rates depending on their volumes, so how can an exporter pay on the published rate when he is actually making a payment on the actual discounted rates."

According to Mr Goyal, India is already fighting hard with China to compete in the new quota-free world and with negative government policies, several exporters will be forced to close down as they are already working on wafer thin margins and they cannot afford this new tax. Also, this goes against the government policy that taxes should not be exported but here is a classic case of the taxes being actually exported when the remittance is in foreign currency, he explained.

According to CIAE, there seems to be a cartel of the airlines who are determined to grab the business with their monopolistic policies as they are still charging war risk surcharge, insurance surcharge and now the service tax. CIAE has written to the prime minister, finance minister, and the commerce ministry to immediately intervene and reverse this notification failing which the apparel sector could loose upto Rs 500 crore.