WHETHER SERVICE TAX IS APPLICABLE ON DIFFERENCE IN OCEAN FREIGHT

[Guest]

KINDLY LET US KNOW WHETHER SERVICE TAX IS APPLICABLE ON DIFFERENCE /MARKUP IN OCEAN FREIGHT. PLEASE CLARIFY

[KASTURI SETHI]

Not taxable on account of export of service.

AI Summary

Export of service: markup on ocean freight is not subject to service tax under export classification. Markup or difference in ocean freight is not liable to service tax because it is treated as an export of service; the markup is part of the exported service and therefore not subject to service tax.