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of <h1>Gujarat High Court Rules IGST on Ocean Freight for FOB Imports Invalid, Upholds Fiscal Neutrality to Prevent Double Taxation.</h1> The article examines the Gujarat High Court's ruling on the legality of imposing Integrated Goods and Services Tax (IGST) on ocean freight charges for Free on Board (FOB) imports. The petitioner, a company importing coking coal, challenged the withdrawal of a refund for IGST paid on ocean freight, arguing it was unconstitutional under the IGST Act and violated constitutional provisions. The court, referencing the Supreme Court's decision in Mohit Minerals and the Bombay High Court's judgment, concluded that once IGST is paid on the value of imported goods, including freight, further IGST on ocean freight for FOB imports is invalid. The court quashed the order withdrawing the refund and upheld the principle of fiscal neutrality to prevent double taxation.
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