Mumbai: GST-AAR, Kerala Bench, has been held that GST at 18% will apply to the home cruise ship, both travel a day or overnight travel.
This command is sought by EVM Motors and vehicles.
Boat services are classified under ‘passenger transportation services’, thus, cruise ship operators will be permitted input tax loans (ITC) for costs incurred for repairs, furniture, maintaining and repairing ships.
Input tax credits will also be available to food, which are included in the price of cruise consolidation, holding AAR.
This ruling that provides clarity about ITC claims will reduce concerns from robber operators, which has been hit by ongoing pandemics.
18% GST on the boat business, but available itc
