DELAY IN RELEASING THE VESSEL

This query is : Resolved 

16 April 2008 IN INDIA, FOR DELAY IN LOADING & UNLOADING THE MATERIAL FROM/TO A CARGO SHIP/VESSEL IN A PORT, IS SERVICE TAX APPLICABLE FOR THAT DELAY CHARGES

10 June 2010 The charges for delay etc. is known as demurrage.

Demurrage is not a consideration for service rendered and hence not taxable under Service tax.



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