GST ON EXPORT OCEAN FREIGHT

[GNANASEKAR SHANMUGAM]

Whether GST applicable on OCEAN FREIGHT for export of goods? if so what is the %

[KASTURI SETHI]

Who bears the ocean freight ? Buyer or exporter ? Whether FOB value or not ?

[GNANASEKAR SHANMUGAM]

In our case, ocean freight is paid by exporter from India on C&F basis.

[KASTURI SETHI]

In my view, GST is not applicable on ocean freight for export of goods. Ocean freight stands for when goods leave Indian Territory.

[Kishan Barai]

5% GST Ocean Freight Charged by SCI on its BL ; transportation bill

[KASTURI SETHI]

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.

[Kishan Barai]

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

[KASTURI SETHI]

Yes. You can. Authority may pertain to pre-GST era.

[Yatin Bhopi]

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 clarify

AI Summary

Is GST Applicable on Ocean Freight for Exports? Explore Refunds and IGST Act Section Implications. A discussion on a forum addressed whether GST is applicable on ocean freight for exporting goods. One participant clarified that ocean freight is paid by the exporter from India on a C&F basis. Another participant suggested that GST is not applicable on ocean freight for exports as it pertains to goods leaving Indian territory. However, it was noted that a 5% GST is charged by shipping companies, and exporters can claim a refund for GST paid on ocean freight. There was also a query about the applicability of CGST and SGST on ocean freight, depending on the section of the IGST Act applied.