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![IGST on Ocean Freight: Higher Margin of Tax on Indian Shipping Lines will Drive them Out of Business, rules Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/05/IGST-Ocean-Freight-Higher-Margin-of-Tax-Indian-Shipping-Lines-Supreme-Court.jpeg "IGST on Ocean Freight: Higher Margin of Tax on Indian Shipping Lines will Drive them Out of Business, rules Supreme Court [Read Judgment]")
IGST on Ocean Freight: Higher Margin of Tax on Indian Shipping Lines will Drive them Out of Business, rules Supreme Court [Read Judgment]
The Supreme Court in a significant ruling in Union of India v. Mohit Minerals, held that the margins arising out of taxation from GST would not...