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GST Exemption on repair services of Ship/ vessel of Navy/ Coast guard
29-Jul-2023 (In GST Law)
As per Notification No 25/2012 repair or maintenance services of ships/ vessel related to Coast Guard / Navy Service Tax were exempted . Whether this service is Exempted under GST ? Under which Notification of GST ? if Not Exempted what is the rate of GST ? what is the HSN Code for this service
First of all let me be very clear
If you are existing service provider for repairing or maintenance of ships then you need to migrate to GST
then you need to refer and study your services as per new notification it is partially exempted and basic rates is 18%
If you are existing service provider for repairing or maintenance of ships then you need to migrate to GST
then you need to refer and study your services as per new notification it is partially exempted and basic rates is 18%
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Adv. Chaitanya Limbachiya
Vadodara | 25+ Answers
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