https://www.taxtmi.com/forum/issue?id=109958 The 2016 Budget omits the negative-list exclusion for carriage of goods by vessel up to the customs station of clearance, making ocean freight taxable where the recipient is in India; foreign providers render the Indian recipient liable under reverse charge while Indian shipping lines pay under forward charge. Air carriage remains exempt by notification. Amended Cenvat rules permit credit for inputs and input services for services from India to outside India, and service tax on such carriage is excluded from customs valuation. Practical issues include treatment of freight forwarders, combined invoices and potential double taxation. en-us Tue, 01 Mar 2016 11:05:32 +0530 Thu, 23 Jan 2025 15:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109958 The 2016 Budget omits the negative-list exclusion for carriage of goods by vessel up to the customs station of clearance, making ocean freight taxable where the recipient is in India; foreign providers render the Indian recipient liable under reverse charge while Indian shipping lines pay under forward charge. Air carriage remains exempt by notification. Amended Cenvat rules permit credit for inputs and input services for services from India to outside India, and service tax on such carriage is excluded from customs valuation. Practical issues include treatment of freight forwarders, combined invoices and potential double taxation. Discussion-Forum Service Tax Tue, 01 Mar 2016 11:05:32 +0530 https://www.taxtmi.com/forum/issue?id=109958