Dear Sir,
Our company is a Limited company engaged in Import and Export of Automobile components also. In this connection Service Tax on Ocean Freight is not being charged by our Freight Forwarder.
We seek an opinion that Service Tax on Ocean Freight is payable or not.
Regards
Pradeep Jain
No Service Tax on Ocean Freight for Automobile Component Importers and Exporters Clarified. A company involved in importing and exporting automobile components inquired about the applicability of service tax on ocean freight, noting that their freight forwarder does not charge this tax. The response provided clarified that no service tax is payable on ocean freight. (AI Summary)