Ocean Freight Markup not Subject to Service Tax: CESTAT [Read Order]

The markup on ocean freight should not incur service tax.
CESTAT Chennai - CESTAT - Customs Excise and Service Tax Appellate Tribunal - Ocean Freight Markup - Service Tax - Freight Markup - Ocean Freight - CESTAT News - CESTAT update - taxscan

The Chennai bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) ruled that the ocean freight markup is not subject to service tax,  The appellant, Fairmacs Shipping & Transport Services Pvt. Ltd. engaged in clearing and forwarding services for the import and export of goods to and from India, has been…

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