Kerala High Court stays demand of IGST on Ocean Freight

The Kerala High Court issued the notice to the  Central Board of Indirect Taxes and Customs  (CBIC) in a plea challenging applicability of GST on importers of goods who are not a recipient of Service. The Petitioner, KVN Impex Pvt. Ltd. is importing goods from abroad on a CIF/CF basis, on agreement to deliver the goods at the Port at Cochin. As per Notification 10/2017 Integrated Tax (Ra…