https://www.taxtmi.com/news?id=40411 India rescinded the transshipment facility allowing Bangladesh to route exports to third countries through Indian ports and airports by withdrawing the CBIC circular; existing cargo already in India may exit under prior procedure. The measure is justified by port and airport congestion, logistical delays and higher costs that hinder Indian exports, while explicitly preserving transit for Bangladesh exports to Nepal and Bhutan under obligations to facilitate landlocked countries. The change is expected to decongest terminals and aid Indian exporters but to disrupt Bangladeshi export logistics and regional transit arrangements. en-us Wed, 09 Apr 2025 21:31:03 +0530 Wed, 09 Apr 2025 21:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40411 India rescinded the transshipment facility allowing Bangladesh to route exports to third countries through Indian ports and airports by withdrawing the CBIC circular; existing cargo already in India may exit under prior procedure. The measure is justified by port and airport congestion, logistical delays and higher costs that hinder Indian exports, while explicitly preserving transit for Bangladesh exports to Nepal and Bhutan under obligations to facilitate landlocked countries. The change is expected to decongest terminals and aid Indian exporters but to disrupt Bangladeshi export logistics and regional transit arrangements. News - Wed, 09 Apr 2025 21:31:03 +0530 https://www.taxtmi.com/news?id=40411