Is service tax applicable to foriegn ship owners

Queries 470 views 2 replies

Hi!

The line of business:- Shipping.

The query is:- if there is movement of cargo between two indian ports and if the ship owner is foreign national & not Indian is service ax applicable on the freight???

please reply asap.

Replies (2)

yes, service tax is applicable.

Coastal shipping is liable to service . Sec.65(105)( zzzzl). Abatement of 75% is available subject to conditions. Coastal tranportation of specified goods are exempted . See. noti. No.30/2009-ST. Ownership by foreign national is irrelevant for deciding taxability.
 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


a a