Service tax for prepaid import freights to India

24/01/17

Over the last two years, the Indian economy went through a transformation with a lot of reforms within the tax sector. One of them is the GST (Goods and Services Tax), a very important Indian tax reform.

It will be implemented in July 2017 and all the industries will be under one tax regime. This leads to a series of changes, amendments, notifications and advisory. Below is the latest for all the imports ocean freight shipments into India:

Service Tax Amendment India