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GST EXPORT TAX INVOICE

Others 281 views 2 replies

Dear Sir,

Subject : Export of goods by sea/air with freight  on payment of IGST

e.x. custom invoice fob value: Rs 1000,00

freight : Rs 20,000/-

GST tax invoice : Taxable value will be Rs 100000 or 120000/-

kindly advise.

 

 

Replies (2)
If You are charged the Freight in the invoice then its Rs.120000/-
You can charge IGST on Both FOB Value and freight if shipment is based on CIF (Cost,Insurance and Freight) otherwise IGST is charged on FOB only.


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