Ocean Freight Services Exempt from IGST Under Reverse Charge: Madras High Court Orders Refund
Madurai, August 14, 2024 - In a significant ruling, the Madurai Bench of the Madras High Court quashed the levy of GST on Ocean Freight Services and directed the respondents to refund the amount collected under this levy. The case, filed by Viterra India Pvt Ltd., was heard by The Honourable Mr. Justice Mohammed Shaffiq on August 14, 2024. Case Background: Viterra India Pvt Ltd., a company based in Thoothukudi,…