GST ON EXPORT FREIGHT FOR FREIGHT FORWARDERS

[Anwar Uddin]

Dear Sir/Madam,

Under GST regime Ocean Freight Export is taxable @ 5%

I need to know if Freight Forwarders buys Ocean Freight @ USD1000 from shipping line & pays GST@5% and sell it to Exporter @ usd1200, @ what GST rate Freight Forwarder should bill to exporter 5% or 18%?

Kindly confirm.

Best Regards

Anwar

AI Summary

GST rate on export ocean freight depends on whether freight is resold as principal or bundled as logistics
GST applicability depends on whether the freight forwarder resells ocean freight as principal with a separate invoice-allowing the ocean freight rate for that component-or supplies a bundled logistics/freight forwarding service or acts as agent, in which case the entire charge is taxable under the logistics service classification.