GST ON EXPORT OCEAN FREIGHT

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..... Whether GST applicable on OCEAN FREIGHT for export of goods? if so what is the % - Reply By KASTURI SETHI - The Reply = Who bears the ocean freight ? Buyer or exporter ? Whether FOB value or not ? - Reply By GNANASEKAR SHANMUGAM - The Reply = In our case, ocean freight is paid by exporter from India on C F basis. - Reply By KASTURI SETHI - The Reply = In my view, GST is not applicable on oce .....

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..... an freight for export of goods. Ocean freight stands for when goods leave Indian Territory. - Reply By Kishan Barai - The Reply = 5% GST Ocean Freight Charged by SCI on its BL ; transportation bill - Reply By KASTURI SETHI - The Reply = If it is so, the party (exporter) can claim refund of GST paid on ocean freight. No GST on export as well as transportation meant for export. - Reply By Kis .....

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..... han Barai - The Reply = Thank You Very Much Sir for your reply but can we get refund of 18% GST for domestic transportation paid uptil loading of goods into vessle ?? Because government is only providing refund of sourcing goods cost i.e bill with IGST nothing else. If possible please also provide us supporting nortification. Thank You - Reply By KASTURI SETHI - The Reply = Yes. You can. Author .....

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..... ity may pertain to pre-GST era. - Reply By Yatin Bhopi - The Reply = Just received bill from CHA where he has charged CGST+SGST on ocean freight. shipping company having office in India. For POS for ocean freight will be applicable section (8)12 or (9)13 of IGST ACT ? if (8)12 will apply then CGST+SGST will be applicable and if (9)12 will apply then their will be no tax. Please cl .....

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..... arify - GST ON EXPORT OCEAN FREIGHT - Query Started By: - GNANASEKAR SHANMUGAM Dated:- 17-7-2017 Goods and Services Tax - GST - Got 8 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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