
Govt eyes duty cuts to level playing field for Indian ships
By establishing tax parity between domestic-flagged ships and those registered overseas, the shipping ministry has aimed to lower tariffs and taxes on domestic-flagged ships. According
By establishing tax parity between domestic-flagged ships and those registered overseas, the shipping ministry has aimed to lower tariffs and taxes on domestic-flagged ships. According
With the aim of drawing leisure travellers to explore the country, the government is actively promoting coastal cruise services by granting an Integrated Goods and
The Goods and Services Tax (GST) Council is likely to discuss the issue of bringing parity in taxation on Indian and foreign shipping lines to
The exemption from GST on export freight was extended twice by the government after it was introduced in 2018 and the last extension ended on
Transportation service by vessel/aircraft for export of goods will be taxable with effect from October 1 as the government has decided not to extend exemption
The GST Council, in its next meeting, is expected to take up a proposal to implement Supreme Court ruling regarding IGST (Integrated Goods & Service
In the wake of blatant abuse of the scheme, The Central Board of Indirect Taxes and Customs (CBIC) has removed the concessions under the bonded
By establishing tax parity between domestic-flagged ships and those registered
With the aim of drawing leisure travellers to explore the
The Goods and Services Tax (GST) Council is likely to
The exemption from GST on export freight was extended twice
Transportation service by vessel/aircraft for export of goods will be
In the wake of blatant abuse of the scheme, The