https://www.taxtmi.com/forum/issue?id=120767 RCM is not applicable to ocean freight on FOB imports because freight is not included in the FOB import value; CIF is the arrangement where freight forms part of import value. The departmental notification mandating RCM on freight was invalidated, the tax administration has accepted that position, and importers who remitted GST under RCM have been applying for and receiving refunds where ITC could not be utilized. en-us Fri, 20 Feb 2026 21:10:37 +0530 Sun, 22 Feb 2026 01:59:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120767 RCM is not applicable to ocean freight on FOB imports because freight is not included in the FOB import value; CIF is the arrangement where freight forms part of import value. The departmental notification mandating RCM on freight was invalidated, the tax administration has accepted that position, and importers who remitted GST under RCM have been applying for and receiving refunds where ITC could not be utilized. Discussion-Forum GST Fri, 20 Feb 2026 21:10:37 +0530 https://www.taxtmi.com/forum/issue?id=120767