Ocean Freight

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... On imports, when contract is FOB, Ocean Freight is separately shown in Bill of Entry on which XYZ is paying import duty. CHA is charging this ocean freight to XYZ in his bill over and above his service charges and charging GST on it. Is it correct or XYZ is compulsorily required to pay GST under reverse charge on ocean freight and the CHA should show this amount in his invoice separately under non .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... taxable value? - Reply By Mahadev R - The Reply = Lot of confusion in case of ocean freight levy. In this case, possible solution could be to request the CHA to claim the reimbursement at actuals without markup. Levy on import can be by importer as importer is liable for GST on import of services. - Reply By KASTURI SETHI - The Reply = Dear Sir, It is a case of double taxation first as goo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ds and thereafter as service (import). It is as per laws. - Reply By KASTURI SETHI - The Reply = Gujarat High Court stays levy of IGST on ocean freight. Today's news. - Reply By Kaustubh Karandikar - The Reply = Shri Kasturi Ji Thanks for the update. The relevant judgment is available? Your guidance on my queries are also very useful. - Reply By KASTURI SETHI - The Reply = Dear Sir, I .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... can send you through WhatsApp. Your whatApp mobile.pl. - Reply By Kaustubh Karandikar - The Reply = Shri Kasturi ji My Cell: 9869004521. email ID: [email protected] Thanks in advance for the kind help. - Ocean Freight - Query Started By: - Kaustubh Karandikar Dated:- 14-5-2019 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X