Limit on freight tax ensures total tax does not exceed tax on payments to vessel owners for export carriage. Taxation of shipping companies must be computed so the total tax collected on carriage from an Indian port to the port of ultimate destination does not exceed a fixed proportion of payments made by the Indian exporter to owners of the mother and daughter vessels, whether paid individually or collectively; field officers are to be informed and implement this computation rule.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Limit on freight tax ensures total tax does not exceed tax on payments to vessel owners for export carriage.
Taxation of shipping companies must be computed so the total tax collected on carriage from an Indian port to the port of ultimate destination does not exceed a fixed proportion of payments made by the Indian exporter to owners of the mother and daughter vessels, whether paid individually or collectively; field officers are to be informed and implement this computation rule.
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