Ocean freight of pulses

is gst applicable when pulses import and term CIF
Replies (5)
RCM is applicable:

As per Notification 10 IGST ( R), under S.no.10
Services supplied by a person
located in non- taxable territory by
way of transportation of goods by a
vessel from a place outside India up
to the customs station of clearance
in India is under RCM
As per Section 13 (9) , IGST Act
9] The place of supply of services of transportation of goods, other than by way of mail or courier, shall be the place of destination of such goods.
Note : Notification 10 IGST : Defines Services on Which RCM is applicable
but we are importing pulses
pulses are exempted , not the ocean freight as its fall under 9(3) cgst & 5(3) of IGSt
What will be valuation when freight not known and also clarify when our finished goods is exempted how can we take benefit of gst paid
Freight value will be 10℅ of CIF
Under RCM , self invoice has to be raise &.
According to Rule 36 , invoice issue in accordance to provision of section 31 cgst act , is a eligible document to take ITC.

But As your outward supplies are exempted the same has to be reverse as per section 17 cgst act

Conclusion : RCM ultimately added to your Cost

Other Experts Views awaited

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