RCM ON TRANSPORTATION CHARGE WHILE IMPORTING GOOD.(OCEAN FRIEGHT)

1. Yes applicatable
2. yes available
3. Yes allowed

pankaj ji Any circular/notification regarding this

Dear Vikram


IGST Not No.8/2017 - In page no.5 & 6, under S.No.9(ii) - GST @ 5% payable is specified.

- IGST Not No.10/2017 - In page No.3, under S.No.10 - Importer is made liable to pay GST.

- Corrigendum to IGST Not No.8/2017, specifies that wherever the taxable value is not available i.e when Freight amount is not known to the Importer, then 10% of the CIF value of Invoice should be taken as Taxable value. The GST payable will be @ 5% on 10% of CIF value or @ 0.5% on CIF value of Goods.