https://www.taxtmi.com/forum/issue?id=113420 Ocean freight for imports is taxable on the importer under a reverse charge mechanism, producing potential double taxation where freight is included in import value (CIF); input tax credit is available for tax paid under reverse charge subject to rules. Credit for service tax on outward transportation by a manufacturer depends on the statutory definition of place of removal and factual contract terms showing transfer of property at destination, including retention of ownership, transit risk, and freight forming part of the price. en-us Sat, 17 Feb 2018 18:20:49 +0530 Thu, 23 Jan 2025 15:55:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113420 Ocean freight for imports is taxable on the importer under a reverse charge mechanism, producing potential double taxation where freight is included in import value (CIF); input tax credit is available for tax paid under reverse charge subject to rules. Credit for service tax on outward transportation by a manufacturer depends on the statutory definition of place of removal and factual contract terms showing transfer of property at destination, including retention of ownership, transit risk, and freight forming part of the price. Discussion-Forum Service Tax Sat, 17 Feb 2018 18:20:49 +0530 https://www.taxtmi.com/forum/issue?id=113420