Value for Exports

[Kaustubh Karandikar]

For Exports on payment of GST & without payment of GST under LUT, whether, the value to be shown on the tax invoice should include freight charges recovered from foreign customer for movement of goods from factory to Port / Airport as well as from Port / Airport to the foreign customer?

AI Summary

Debate on Including Freight Charges in Export Invoices Under GST, Referencing Section 15(2) of CGST Act, 2017 A discussion on a forum addresses whether freight charges should be included in the value shown on tax invoices for exports under GST. One participant refers to Section 15(2) of the CGST Act, 2017, suggesting all expenses, except discounts, should be included in the value of supply. Another participant notes it depends on the agreement terms; if freight is the customer's responsibility, it is included. A third participant explains that for CIF sales, freight is included up to the buyer's destination, while for FOB sales, it can be charged separately. Generally, freight charges are included in the invoice value.