TaxTMI 
TaxTMI 
Retention on ITC for ocean freight
X X X X Extracts X X X X
X X X X Extracts X X X X
....etention on ITC for ocean freight<br> Query (Issue) Started By: - Mohammadhanif Pirjade Dated:- 24-11-2023 Last Reply Date:- 28-11-2023 Goods and Services Tax - GST<br>Got 4 Replies<br>GST<br>What is ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ocean freight and how ITC to reverse on it? Reply By KASTURI SETHI: The Reply: Pl. elaborate your problem specifically. Reply By Madhusudan Mishra: The Reply: E/No. 1 of N/N. 10/2017 - IT(R) to be....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... read with S.2(62) and S.16. ITC would be available. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: It is a method of transporting large quantities of goods, usually packed in shipping containers, b....
X X X X Extracts X X X X
X X X X Extracts X X X X
....y sea. Reply By KASTURI SETHI: The Reply: 996521 Coastal and transoceanic (overseas) water transport services of goods by refrigerator vessels, tankers, bulk cargo vessels, container ships etc.....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... "Ocean freight is the term used for transporting goods internationally through ocean. It is an integral part of cross-border trade which allows movement of large quantity of goods through the open o....
X X X X Extracts X X X X
X X X X Extracts X X X X
....cean. Under ocean freight, the services are drawn from third parties called freight forwarder who starts with taking delivery of the goods from the place of exporter (seller), packing, loading, transp....
X X X X Extracts X X X X
X X X X Extracts X X X X
....orting, clearing at Customs or State borders, unloading at other side, transporting to its destination and giving delivery to the customer at the final destination.<br> Discussion Forum - Knowledge Sh....
X X X X Extracts X X X X
X X X X Extracts X X X X
....aring ....