https://www.taxtmi.com/forum/issue?id=114030 Commission paid to foreign vendors is an import of services subject to reverse charge, making the recipient liable for tax and affecting ITC; freight charged separately by a supplier must attract GST which the supplier remits and may claim as ITC if applicable; ITC is not available on goods lost or destroyed and insurance settlements do not confer ITC; recoveries from transporters for shortages or poor service are treated as adjustments to consideration and attract GST, requiring proper invoicing and declaration in returns. en-us Thu, 09 Aug 2018 16:31:54 +0530 Thu, 23 Jan 2025 15:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114030 Commission paid to foreign vendors is an import of services subject to reverse charge, making the recipient liable for tax and affecting ITC; freight charged separately by a supplier must attract GST which the supplier remits and may claim as ITC if applicable; ITC is not available on goods lost or destroyed and insurance settlements do not confer ITC; recoveries from transporters for shortages or poor service are treated as adjustments to consideration and attract GST, requiring proper invoicing and declaration in returns. Discussion-Forum GST Thu, 09 Aug 2018 16:31:54 +0530 https://www.taxtmi.com/forum/issue?id=114030