10 April 2023
Hello, We are CFA (Clearing & Forwarding Agent). We charge 5% GST on our sales bill for ocean freight. Further we paid ocean freight to other at 5%. My question is can we claim ITC on ocean freight (5%) paid by us?
Guest
Guest
(Expert)
11 April 2023
Yes, you can claim credit. Please see this video to understand other implications and recent amendments.
CAclubindia
