GST ON AIR/OCEAN EXPORTS FREIGHT
Dear sirs
as per GST notification 14/2018 there was NIL GST on air/ocean Exports freight till 30.09.18 what is the status after 01.10.18 ? still NIL GST or any amendment took place ? kindly update if possible with relevant notfn. number / dt pl
With rgds
Rajesh A
Clarification Sought on GST Status for Export Freight Post-October 2018; Suggested IGST Payment Under RCM for Compliance. A participant inquired about the Goods and Services Tax (GST) on air and ocean export freight, referencing a notification that set GST at nil until September 30, 2018, and sought clarification on its status post-October 1, 2018. Respondents indicated that the notification had a sunset clause, meaning no further relaxation would be provided. It was suggested to pay Integrated GST (IGST) under the Reverse Charge Mechanism (RCM) and consider seeking an advance ruling to address potential double taxation issues. No new notification was reported to have been issued. (AI Summary)
Goods and Services Tax - GST