HC: Gujarat HC strikes down levy of IGST on ocean freight

Gujarat HC quashes levy of IGST ocean freight on transportation of goods by a vessel ; Holds that “Notification No.8/2017 - Integrated Tax (Rate) dated 28th June 2017 and the Entry 10 of the Notification No.10/2017 - Integrated Tax (Rate) dated 28th June 2017 are declared as ultra vires the Integrated Goods and Services Tax Act, 2017, as they lack legislative competency” ; Concludes that no tax is leviable under the Integrated Goods and Services Tax Act, 2017, on the ocea...