I just want to know that whether any service tax will be payable on the Freight (both incase of Sea or Air) paid to carrying the goods in India. If yes, who is liable to pay the service tax either importer or freight & forwarder? Further a notification has been issued for the exemption from the pymt of svc tx on Air freight on Import upto the extent of the value taken under section 14 of Customs Act. Further pls provide some valuation rules for section 14 of customs act also?
CAclubindia
