https://www.taxtmi.com/caselaws?id=422708 The SC held that Indian importers cannot be subjected to IGST levy on ocean freight components paid by foreign sellers to shipping lines under reverse charge. While the impugned notifications were validly issued under IGST Act Sections 5(3) and 5(4), they violated Section 8 of the CGST Act regarding composite supply principles. In CIF contracts, goods supply accompanied by transportation and insurance services constitutes composite supply, making separate levy on shipping services impermissible. The Court clarified that GST Council recommendations are persuasive, not binding on Union and States, emphasizing cooperative federalism. The appeal was dismissed. en-us Thu, 19 May 2022 00:00:00 +0530 Thu, 03 Apr 2025 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422708 The SC held that Indian importers cannot be subjected to IGST levy on ocean freight components paid by foreign sellers to shipping lines under reverse charge. While the impugned notifications were validly issued under IGST Act Sections 5(3) and 5(4), they violated Section 8 of the CGST Act regarding composite supply principles. In CIF contracts, goods supply accompanied by transportation and insurance services constitutes composite supply, making separate levy on shipping services impermissible. The Court clarified that GST Council recommendations are persuasive, not binding on Union and States, emphasizing cooperative federalism. The appeal was dismissed. Case-Laws GST Thu, 19 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422708