An Indian ship picking up a consignment in a foreign port and dropping it in another foreign port will now have to pay a service tax of 10.3 per cent on all services that the ship uses in foreign ports whenever it touches a home port. Not only that, the ship will have to pay the same rate of tax on the port charges it incurs in a foreign port.
Green Marine
about 21 years ago
Shipping industry in a tizzy over service tax
An Indian ship picking up a consignment in a foreign port and dropping it in another foreign port will now have to pay a service tax of 10.3 per cent on all services that the ship uses in foreign ports whenever it touches a home port. Not only that, the ship will have to pay […]
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