Ocean freight
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 September 2014
Dear Sir
We are clearing and forwarding agent and we are adding our margin of profit in the ocean freight whether we are liable for service tax ? eg if we have paid ocean freight to shipper rs 100 than we are charging rs 110 to our client as ocean freight.
We are clearing and forwarding agent and we are adding our margin of profit in the ocean freight whether we are liable for service tax ? eg if we have paid ocean freight to shipper rs 100 than we are charging rs 110 to our client as ocean freight.
Arun Kumar Singh
(Expert)
11 September 2014
You need to pay service tax on value addition of the total amount.
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