TMI BlogPl confirm ocean freight 1.5 pc of total import for the period 23.04 to 30.06 of shipping bill vide not of 14151617dt 13.04.17X X X X Extracts X X X X X X X X Extracts X X X X ..... Pl confirm ocean freight 1.5 pc of total import for the period 23.04 to 30.06 of shipping bill vide not of 14151617dt 13.04.17 X X X X Extracts X X X X X X X X Extracts X X X X ..... ly Date:- 16-2-2018 Service Tax X X X X Extracts X X X X X X X X Extracts X X X X ..... 81604 Reply By nandankumar roy: The Reply: THIS MATTER RELATED TO SERVICE TAX ON OCEAN FREIGHT AGST SHIPPING BILL FOR THAT PERIOD PL CONFIRM WHETHER WE SHOULD PAY OR NOT PAYABLE AS AUDIT DEPT DEMAND ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ING 1.5PC OF CIF VALUE Reply By Sanketh Meri: The Reply: Dear Nandan Kumar RoyYou would have paid 1.5% deemed ocean freight cost during import as BCD and CVD. But under service tax, you will have to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pay under RCM. This leads to double taxation on the Ocean Freight which is not constitutionally valid. You can either fight the case legally or pay the necessary tax and claim credit. If the amount in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... volved is huge, please fight the case since it is not constitutionally valid to charge tax on the same item twice. X X X X Extracts X X X X X X X X Extracts X X X X
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