Reverse charge under GST on services

[Nihal Shaikh]

Is services by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India. In this service Reverse gst is applicable? pls explain

[KASTURI SETHI]

Pl.peruse the Table given below:-

GST Council decision dated 18-6-2017 with respect to GST rates for services and rate of tax for lotteries run/athourised by State Government

[Rajagopalan Ranganathan]

Sir,

The reply is 'yes' vide sl. No. 1 of Notification No. 10/2017- Integrated Tax (Rate) dated 28.6.2017 which lays down that "Any service supplied by any person who is located in a non-taxable territory to any person other than non-taxable online recipient, the integrated tax leviable shall be paid on reverse charge basis by the recipient of the such services.

[CSSANJAY MALHOTRA]

I am in agreement with the views of Sh. Rajgopalan. RCM is applicable and ITC is available provided finished product is taxable. if Freight is known then GST Rate is 5% of same or else if Freight is not known then Taxable Value is taken as 10% of CIF Value of Goods.

[subramanian vijayakumar]

Yes I agree with the views of rajagobalan sir

AI Summary

Reverse charge applies to imported transport services; recipient must pay integrated tax and may claim ITC if goods are taxable.
Imported maritime transportation services supplied by a person located in a non-taxable territory attract integrated tax on a reverse charge basis payable by the recipient; input tax credit is available if the finished goods are taxable, with tax computed either on known freight or on a percentage of CIF value where freight is not known.