Itc on gst paid for ocean freight for imports of materials
This query is : Resolved
06 July 2018
As per GST rate schedule for Services GST rate @ 5% is applicable for Ocean freight ( Sea/Air) and it can be taken as ITC.
CA R SEETHARAMAN
(Expert)
07 July 2018
Yes it can be taken as ITC.
09 July 2018
thanks sir
GST 5% for any services not avail the ITC
GST 5% for any services not avail the ITC
CA R SEETHARAMAN
(Expert)
09 July 2018
Service provider can't avail ITC but service receiver can avail ITC in case of 5% GST.
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