Applicability of service tax under rcm on ocean freight
Querist : Anonymous
I have to query regarding this:
1. what will the value of service on which service tax will be calculated?
2. Whether Service tax paid by the importer is eligible to book Credit by importer and whether importer can utilize this credit to discharge his service tax liability on the following services:
a. Renting of immovable property
b. Business auxiliary service
c. Legal and professional services
Please resolve the above queries.
Thank you
2 Input credit on such unrelated out put service can't be taken.
Querist : Anonymous
Value of freight is not mentioned any where either on bill of lading and bill of exchange.
Querist : Anonymous
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