service tax on import freight
This query is : Resolved
22 May 2017
Sir ,
we are importing edible oil from other countries. as per latest notification 15/2017 service tax. Can we pay service tax on import freight
kindly confirm.
Regards
P. Srinivas
CA R SEETHARAMAN
(Expert)
22 May 2017
Yes you have to pay service tax under RCM.(15% on 30% value of freight charges).
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22 May 2017
sir ,
as per notification non taxable territory has to pay service tax , but we are in andhra pradesh kakinada port. pls clarify
Regards
CA R SEETHARAMAN
(Expert)
22 May 2017
The notification talks about foreign ship who is service provider located in non taxable territory, not you. As a importer located in taxable territory you are liable for service tax payment.
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