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OCEAN FREIGHT

MOHAN PATEL
IS THERE ANY LIABILITY ON OCEAN FREIGHT TO SERVICE TAX?
Service Tax Not Applicable on Ocean Freight, Except for Coastal or Inland Water Transport as per Regulation A query was raised regarding the applicability of service tax on ocean freight. The response clarified that ocean freight is generally not subject to service tax. However, if the freight pertains to coastal goods, goods transported via national waterways, or inland water transport, service tax would apply as per the specified regulation. (AI Summary)
Service Tax
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