https://www.taxtmi.com/article/detailed?id=9864 Transportation of goods by vessel from outside India is an import of service; where a foreign shipping line supplies the service, GST can be shifted to the domestic party under the reverse charge mechanism. Under FOB the importer typically qualifies as recipient and bears GST under RCM; under CIF the exporter contracts for and pays freight, and a judicial finding holds the importer is not the recipient and thus should not be liable to pay IGST under RCM. The government has not issued further clarification. en-us Thu, 24 Jun 2021 07:01:35 +0530 Thu, 24 Jun 2021 07:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9864 Transportation of goods by vessel from outside India is an import of service; where a foreign shipping line supplies the service, GST can be shifted to the domestic party under the reverse charge mechanism. Under FOB the importer typically qualifies as recipient and bears GST under RCM; under CIF the exporter contracts for and pays freight, and a judicial finding holds the importer is not the recipient and thus should not be liable to pay IGST under RCM. The government has not issued further clarification. Articles Goods and Services Tax - GST Thu, 24 Jun 2021 07:01:35 +0530 https://www.taxtmi.com/article/detailed?id=9864