TMI BlogFreight and Insurance on ExportsX X X X Extracts X X X X X X X X Extracts X X X X ..... XYZ supplying goods for export on payment of GST and then claiming refund of the GST paid. XYZ also recovering Freight and Insurance from the foreign customer. Is XYZ required to show such freight and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... insurance in the Tax Invoice and charge GST on it? - Reply By Nandan Khambete - The Reply = Yes. It will be included in value of Supply. If you are charging IGST on exports, IGST should be charged ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on this component also. Hope this is shown in Tax invoice. However, if you go for LUT Exports and go for ITC Refund at Centre Jusrisdiction, there is one funny internal circular as per which they con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sider only FOB value of Exports as Zero rate supply turnover. - Reply By KASTURI SETHI - The Reply = Dear Sh. Nandan Khambete Ji, Sir, Thanks a lot for enrichment of my k ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nowledge. - Freight and Insurance on Exports - Query Started By: - Kaustubh Karandikar Dated:- 27-6-2019 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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