Exemption on transportation services of goods by air or by sea has got extended by the notification released by Central Board of Indirect Taxes and Customs (CBIC).
The Government amended the notification No.12/2017- Central Tax (Rate), dated the 28 June 2017 of the CGST ACT, 2017. The amendment has been made regarding the extension provided for the exemption given for the Transportation Services of the goods by an aircraft from customs station of clearance in India to a place outside India and for the Services by way of transportation of goods by a vessel from customs station of clearance in India to a place outside India till the date of 30 September 2021.
CBIC’s new notification states that in the Table, against serial number 19A, in the entry in column (5), for the figures “2020”, the figures “2021” shall be substituted. And in serial number 19B, in the entry in column (5), for the figures “2020”, the figures “2021” shall be substituted.
The serial number 19A deals with services by way of transportation of goods by an aircraft from customs station of clearance in India to a place outside India.
The serial number 19B deals with services by way of transportation of goods by a vessel from customs station of clearance in India to a place outside India.
The notification shall come into effect on the date of October 1, 2020.
With Warm Regards,
CL Bureau.
