sir, do we have to pay any RCM on import of goods regarding freight.
thanks in advance
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RCM on import of goods
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Refer section 5(4) of IGST
Yes if Transporter is GTA.... but usually its billed from CHA .
Hence if you reced.from GTA RCM is applicable & if its from CHA no RCM is applicable.
Hence if you reced.from GTA RCM is applicable & if its from CHA no RCM is applicable.
can you please suggest us. outward ocean freight by SEA and AIR, RCM is applicable.
As per Notification 14/2018 CT (r) , for service by way of transportation of goods by an aircraft/ Vessel from customs station of clearance in India to a place outside India is Exempted till 30/09/2019 .
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