Service Tax on Import Freight by sea

[Sujeet Jha]

Service Tax on Import Freight by sea applicable from 1st June 2016 @ 4.20+0.15+0.15. kindly guide me what is accounting code for import freight by vessel (sea).

AI Summary

Guidance Sought on Service Tax Rates and Accounting Code for Import Freight by Sea Since June 2016 A query was raised regarding the applicable service tax rates on import freight by sea, effective from June 1, 2016, with specific rates provided. The individual sought guidance on the appropriate accounting code for import freight by vessel. The response indicated that the query was addressed by another participant, acknowledging their contribution to the discussion.