RCM on export

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accountant
519 Points Posted on 20 February 2020
i need to pay Rcm on freight in relation to export done.
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On 20 February 2020 at 09:30 Report
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This discussion addresses the Reverse Charge Mechanism (RCM) on freight related to exports. While generally RCM applies to freight during importation, the Gujarat High Court has stayed the payment of RCM on ocean freight. The court deemed the relevant notification unconstitutional and ultra vires, providing significant relief for exporters.

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229 Points Posted on 21 February 2020
No, u have to pay tax under rcm on frieght at the time of importation, in case of export POS wil be outside India
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On 21 February 2020 at 00:51
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Student
26 Points Posted on 21 February 2020
Gujarat high court has stayed the payment of rcm on ocean freight and termed the notification as ultra vires and unconstitutional.

https://www.google.com/amp/s/www.thehindubusinessline.com/economy/logistics/igst-on-ocean-freight-unconstitutional-says-gujarat-hc/article30641828.ece/amp/
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On 21 February 2020 at 11:43

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