GST ON EXPORT OCEAN FREIGHT
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....ST ON EXPORT OCEAN FREIGHT<br> Query (Issue) Started By: - GNANASEKAR SHANMUGAM Dated:- 17-7-2017 Last Reply Date:- 27-7-2017 Goods and Services Tax - GST<br>Got 8 Replies<br>GST<br>Whether GST applicable on OCEAN FREIGHT for export of goods? if so what is the % Reply By KASTURI SETHI: The Reply: Who bears the ocean freight ? Buyer or exporter ? Whether FOB value or not ? Reply By GNANASEKAR SH....
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....ANMUGAM: The Reply: In our case, ocean freight is paid by exporter from India on C&F basis. Reply By KASTURI SETHI: The Reply: In my view, GST is not applicable on ocean freight for export of goods. Ocean freight stands for when goods leave Indian Territory. Reply By Kishan Barai: The Reply: 5% GST Ocean Freight Charged by SCI on its BL ; transportation bill Reply By KASTURI SETHI: The Repl....
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....y: If it is so, the party (exporter) can claim refund of GST paid on ocean freight. No GST on export as well as transportation meant for export. Reply By Kishan Barai: The Reply: Thank You Very Much Sir for your reply but can we get refund of 18% GST for domestic transportation paid uptil loading of goods into vessle ?? Because government is only providing refund of sourcing goods cost i.e bill....
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.... with IGST nothing else. If possible please also provide us supporting nortification. Thank You Reply By KASTURI SETHI: The Reply: Yes. You can. Authority may pertain to pre-GST era. Reply By Yatin Bhopi: The Reply: Just received bill from CHA where he has charged CGST+SGST on ocean freight. shipping company having office in India. For POS for ocean freight will be applicable section (8)12 or ....
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....(9)13 of IGST ACT? if (8)12 will apply then CGST+SGST will be applicable and if (9)12 will apply then their will be no tax. Please clarify<br> Discussion Forum - Knowledge Sharing ....