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Cost Insurance Freight News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Uganda traders in a fix over tight rules on China imports

Importers are required to submit master and house bills of lading for cargo containers arriving in the country.

Abel kagumireIssa sekittoJacqueline namakulaUganda revenue authorityKampala city traders association kacitaNational targeting centreCost insurance freightKampala city traders associationJet tusabeAsycuda worldUganda china importsUganda china trade

Shell and Harbour energy enter arbitration over pricing for UK crudes amidst EU urals ban

Shell and Harbour energy enter arbitration over pricing for UK crudes amidst EU urals ban
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Govt exempts IGST on ocean freight from October 1 | The Financial Express

Govt exempts IGST on ocean freight from October 1 | The Financial Express
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Abhishek jainHigh courtSupreme courtGujarat high courtMohit mineralsFinance ministryReverse chargeTax headPartner abhishek jainCost insurance freightGujarat high

Government exempts IGST on ocean freight from October 1

KPMG Indirect Tax Head & Partner Abhishek Jain said the amendments proposed are aligned with the apex court s ruling in the case of Mohit Minerals and help explicitly mention the government s alignment to the position. "While this has been issued prospectively, the industry has been seeking and successfully claiming refund of taxes already paid for the past period, where credit has not been availed," Jain added.

Abhishek jainMohit mineralsHigh courtGujarat high courtSupreme courtFinance ministryReverse chargeTax headPartner abhishek jainCost insurance freightGujarat highIgst actOcean freightReverse charge mechanism

Government exempts IGST on ocean freight from October 1

New Delhi, Sep 27 (PTI) The government has exempted payments made for goods imported through ocean freight from 5 per cent integrated GST with effect from October 1.

Mohit mineralsSupreme courtCost insurance freight

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