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    <title>TAXATION OF SHIP MANAGEMENT SERVICES</title>
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    <description>Service tax applies to ship management services, defined inclusively to cover supervision of maintenance, crew engagement, receipt of hire or freight for owners, loading and unloading arrangements, victualling and storing, negotiating bunker and lubricant contracts, payment of owner-incurred expenses, entry in protection and indemnity associations, dealing with insurance and salvage claims, and arranging insurance. These services are taxable when provided under a contract in relation to management of ships, and the service provider is the assessee liable for service tax.</description>
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    <pubDate>Mon, 12 Sep 2011 14:28:46 +0530</pubDate>
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