GST on ocean freight

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....ST on ocean freight<br> Query (Issue) Started By: - Kaustubh Karandikar Dated:- 1-10-2021 Last Reply Date:- 2-10-2021 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>XYZ (India) (Freight Forward....

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....er) had paid the amount to a foreign shipping line towards ocean freight in foreign currency. This amount along with mark up was recovered from the importer in India i.e., the client of XYZ who had en....

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....trusted the work to XYZ towards transportation of goods by Sea against imports. XYZ charged the importer GST @ 5% under the head 'Transport of goods in a vessel'(SAC Code 9965). Is it correct? Reply ....

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....By Shilpi Jain: The Reply: That could be possible since the rate in tax under HSN 9965 is service specific and not service provider specific, that is for being eligible for the 5% rate of GST - the p....

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....rovision of service of transportation of goods in a vessel is sufficient. It is not that only the shipping liners will be eligible for this rate of tax<br> Discussion Forum - Knowledge Sharing ....