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Port of Call

Port of Call

The Indian port sector has gathered pace with the government´s focus on revival of the manufacturing sector through the ´Make in India´ campaign. The manufacturing sector is likely to drive the growth of the port sector as the carrier of cargo - ports

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Budget Reactions 2011

Budget Reactions 2011

Service tax exemption of 25 per cent from taxable value is being provided to services of transport of coastal goods and goods transported through national waterways or inland water with no CENVAT credit of taxes paid on inputs, input services and capital goods. The effective service tax rate is 7.725 per cent.