Dear Sir,
Appreicate if anyone advise that GST rate on import ocean fright
Regards,
Simimol
Dear Sir,
Appreicate if anyone advise that GST rate on import ocean fright
Regards,
Simimol
IT IS 5% WITHOUT ITC.
thanks sir
Ocean freight is a part of CIF value on which CD and IGST is levied. IGST can be claimed as ITC if importer is GST registred and the goods are imported for business.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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