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of <h1>Importers Liable for Service Tax on Foreign Shipping Services to India; Effective April 23, 2017, Cenvat Credit Available.</h1> The circular addresses the levy of service tax on transportation services provided by foreign entities for goods shipped to India. It clarifies that the importer of goods is liable for the service tax, effective from April 23, 2017. An alternative mechanism for calculating service tax, including Swachh Bharat and Krishi Kalyan Cess, is provided. The point of taxation is set as the bill of lading date. Importers can avail Cenvat credit based on service tax payment. The circular also explains that foreign shipping lines cannot claim a conditional exemption under prior notifications, and service tax is levied on the full value of services.
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