10 November 2016
we are a pvt.ltd.co. & import material from abroad countries. we paid clearing & forwarding charges to xyz party. In that part invoice import freight material invoice is included.Following is example.
xyz ( clearing & forwarding party) total invoice bill 200000 agency charges 20000 import freight 170000 THC charges 10000 in xyz part bill special bill for import freight attached named "NYKLine(India) Pvt.Ltd. Rs.170000, But on bill of lading ( carrier) name appear as "NYK Line (Thailand) co.Ltd. In above situation can we are liable to pay service tax on ocean freight on Rs.170000/- Including agency charges ,ocean freight we are paying to "XYZ" Indian party. On behalf of us XYZ party paid to "NYKLine(India) Pvt.Ltd., NYK Line's parent company is registered in "Thailand" In above situation can we are liable to pay service tax on ocean freight on Rs.170000/- You are requested to guide us.
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