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Home » Point of taxation in case of RCM on ocean freight shall be date of payment and not date of bill of lading: CESTAT

Point of taxation in case of RCM on ocean freight shall be date of payment and not date of bill of lading: CESTAT

EXCISE/ST/VAT : Where assessee paid tax for total ocean freight covered in all input invoices, rule 7 of Point of Taxation Rules, 2011 is appellable to persons required to pay tax as recipients of service i.e. under reverse charge mechanismEXCISE/ST/VAT : Where assessee paid tax for total ocean freight covered in all input invoices, rule 7 of Point of Taxation Rules, 2011 is appellable to persons required to pay tax as recipients of service i.e. under reverse charge mechanismwww.taxmann.com Latest Case LawsRead More

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