Treatment of Foreign CHA Freight Invoice Entry
This query is : Open
04 June 2025
If Mr. X Export Of Goods From India To Oman. Mr. X Received Ocean Freight Invoice Of USD. 800 From Mr. Y Which Are Located In Oman. The Freight Invoice Is Without GST. I Have Doubts Which Are Below
1) How To Pass Accounting Entry In Books
2) Can Mr. X Liable To Pay RCM On Ocean Freight.
3) If Mr. X Liable To Pay RCM On Freight Then What Is The RCM Rate ?
4) This Ocean Freight Invoice Treated As Import Of Service ?
1) How To Pass Accounting Entry In Books
2) Can Mr. X Liable To Pay RCM On Ocean Freight.
3) If Mr. X Liable To Pay RCM On Freight Then What Is The RCM Rate ?
4) This Ocean Freight Invoice Treated As Import Of Service ?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Audit applicability of ITR
- Query related to 2 buyers and 1 seller in form 26QB
- Excess salary reported by employer to IT Dept.
- Income classification under heads of income under income Tax
- Invoice Received but goods received on Later Date.
- Utilization of interest in TDS challan
- FD source of Income
- GST- ITC Eligibility
- Renting of trucks, JCB, cranes etc., is not covered under RCM.
- Old tax regime for ITR 3
- discount received in purchases
- Showing Gift from relative in ITR
- Bank account freez
- ITR selection for salary plus MT sales
- Stamp Duty & Registration Fees on Sale Deed
- Correction in AIS to avoid increasing compliance
- Validity of Rectification
- TDS applicable on 2 bill reiceived
- Which is better combination CS+LLB or CS+MBL
- RCM invoice deatil in GSTR-1
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
