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Case lawSupreme Court › Union of India v Gosalia Shipping P Ltd
Supreme CourtHelps taxpayers.172(2)s.172

Union of India v Gosalia Shipping P Ltd

Our principal time-chartered a ship and loaded its own cargo at an Indian port. Is the hire paid to the shipowner taxable as an amount paid on account of carriage of goods?

Our principal time-chartered a ship and loaded its own cargo at an Indian port. Is the hire paid to the shipowner taxable as an amount paid on account of carriage of goods?

No. The Supreme Court held that under a time charter the payment is for the use and hire of the ship, and is due whether or not the charterer carries anything at all, so it cannot be an amount paid on account of the carriage of goods within section 172(2). Nor did the charterers receive anything on that account, because they loaded their own cargo rather than sub-letting the ship or carrying a third party's goods. The character of the payment does not change with the use the charterer makes of the vessel or because it happened to load in India. The appeal was dismissed.

Decided by the Supreme Court (Supreme Court of India; Y.V. Chandrachud CJ, P.N. Bhagwati and D.A. Desai JJ. Judgment by Chandrachud CJ) on 1978-05-05, reported as (1978) 113 ITR 307; 1978 (3) SCC 23; AIR 1978 SC 1196; 1978 SCR (3) 943; 1978 SCC (Tax) 134. It bears on section 172(2), section 172 of the Income Tax Act 1961, in Assessment & Scrutiny, How Tax Law Is Read and Residence & Treaty Benefit matters.

Still good law. The distinction between hire under a time charter and an amount paid on account of carriage is settled, and the source page records the decision as followed in later shipping cases. It construes section 172(2) as it stood for a 1970 voyage; that section has been amended and a presumptive provision for the shipping business of non-residents has since been enacted, so the provisions in force for the year must be read alongside it.

Why it matters

This is the decision that separates hire from freight, and it is still the starting point when the Department seeks to bring a time charter within the shipping provisions. It refuses to let the place of loading dictate the character of the payment, and it insists that both limbs be tested: what the shipowner received, and what the charterer received. Where the charterer moves its own cargo, neither has received anything on account of carriage. The Court also states plainly how far substance over form goes. One should not over-rely on the label the parties attach and may tear the veil where a clever piece of drafting disguises the true character of a payment; but where the words used carry their accepted sense and the contract is on a standard approved form, there is no warrant for supposing that the description was chosen to avoid Indian tax.

Binding on every court and authority in India.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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