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The Central Board of Indirect Taxes and Customs has changed theplace of supply for B2B MRO services in the case of the shipping industry, to the location of the recipient of service. Read the official notification below: [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3,
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FAQ :
The CBIC has changed the place of supply for B2B MRO services in the shipping industry to the location of the recipient of the service.
This notification came into force on the 2nd day of June, 2021.
The change specifically affects the supply of maintenance, repair, or overhaul services in respect of ships and other vessels, including their engines and components.
The change is for services supplied to a person for use in the course or furtherance of business (B2B).
The amendment is intended to prevent double taxation or non-taxation of services and ensure the uniform application of rules.
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