GST - High Sea Sales - Aberration?

By Vijay Kumar

A Member of the Lok Sabha asked the following questions:

Will the Minister of FINANCE be pleased to state:

(a) whether the Government is aware that GST model law is likely to create aberrations for transactions in the region on high seas;

(b) if so, the details thereof;

(c) whether sales on high seas that is between 12 and 200 nautical miles will be taxed twice to the IGST once as supply and latter at the time of import; and

(d) if so, the details thereof and corrective steps taken in this regard?

Mr. Santosh Kumar Gangwar, the Minister of State for Finance answered:

(a) to (d): The issue is being examined and a final view on the same would be taken by the Goods and Services Tax Council.