18 February 2019
Hello, We are Custom House Agent (CHA). We are charging ocean freight in case of both import and export. Right now we are charging gst @ 5% on such freight.
My query is 1. Whether ocean freight in still exempted earlier it was exempted till Sep 2018 2. What is the correct rate to charge in invoice. When i am checking CBIC portal, the rate mentioned is 12% 3. Is ITC available on such freight
Which section of gst act tells about Ocean freight.
18 February 2019
1 5% GST payable under RCM by the importer. 2 5% payable under RCM by importer don't charge GST in your invoice 3 ITC available on freight.
CAclubindia
