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
Service tax on ocean freight is not payable, indicating freight services for import/export are not subject to service tax in this advisory. Whether Service Tax on Ocean Freight is payable for import and export shipments when freight forwarders do not levy the charge: the company queried taxability of ocean freight and reported that its freight forwarder did not charge service tax. The advisory reply recorded in the forum states that no service tax is payable on ocean freight, presenting a practical conclusion without cited statutory authority. (AI Summary)