Dear sir,
We are regularly servicing to Navy vessels thru Kochi Shipyard being the authorised service provider M/s Cummins Diesel engines. So far we have not collected on such bills and they claim that they exempted . Kindly advise us the present status and also advise us the solution available before us to avoid from tax liability.
Regards
Sojan
Service Tax Exemption for Servicing Navy Vessels at Kochi Shipyard Confirmed Under Section 65(105)(zzl) of Finance Act A service provider inquires about the service tax liability for servicing Navy vessels through Kochi Shipyard, as they have not collected tax on such bills, believing them to be exempt. The response clarifies that the service falls under 'Port Services' as per Section 65(105)(zzl) of the Finance Act. Initially exempted by notification no.31/10-ST, the exemption was rescinded and then reinstated by notification no.25/12-ST, as amended by notification no.3/13-ST. Currently, the service is exempt from service tax according to these notifications. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
