https://www.taxtmi.com/article/detailed?id=13679 The court held that IGST is leviable on the customs-determined value at the point of customs levy, and that value includes cost, freight and insurance at the place of importation; therefore, where IGST is paid on that value, a separate imposition of IGST on ocean freight for FOB imports would duplicate taxation and is inconsistent with the customs valuation framework and prior authority. en-us Fri, 28 Feb 2025 11:02:03 +0530 Fri, 28 Feb 2025 11:02:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13679 The court held that IGST is leviable on the customs-determined value at the point of customs levy, and that value includes cost, freight and insurance at the place of importation; therefore, where IGST is paid on that value, a separate imposition of IGST on ocean freight for FOB imports would duplicate taxation and is inconsistent with the customs valuation framework and prior authority. Articles Goods and Services Tax - GST Fri, 28 Feb 2025 11:02:03 +0530 https://www.taxtmi.com/article/detailed?id=13679