https://www.taxtmi.com/forum/issue?id=115130 Freight and insurance charges recovered from a foreign purchaser form part of the value of supply for exported goods and must be shown in the tax invoice; if IGST is charged on exports, it should be applied to the freight and insurance component. An internal administrative circular is reported to treat only FOB value as zero-rated turnover for exports under LUT when claiming input tax credit refund at the central jurisdiction. en-us Thu, 27 Jun 2019 07:01:56 +0530 Thu, 23 Jan 2025 15:55:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115130 Freight and insurance charges recovered from a foreign purchaser form part of the value of supply for exported goods and must be shown in the tax invoice; if IGST is charged on exports, it should be applied to the freight and insurance component. An internal administrative circular is reported to treat only FOB value as zero-rated turnover for exports under LUT when claiming input tax credit refund at the central jurisdiction. Discussion-Forum GST Thu, 27 Jun 2019 07:01:56 +0530 https://www.taxtmi.com/forum/issue?id=115130