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GST on ocean freight, Goods and Services Tax - GST

Issue Id: - 117538
Dated: 1-10-2021
By:- Kaustubh Karandikar
GST on ocean freight

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XYZ (India) (Freight Forwarder) had paid the amount to a foreign shipping line towards ocean freight in foreign currency. This amount along with mark up was recovered from the importer in India i.e., the client of XYZ who had entrusted the work to XYZ towards transportation of goods by Sea against imports. XYZ charged the importer GST @ 5% under the head ‘Transport of goods in a vessel’(SAC Code 9965). Is it correct?

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1 Dated: 2-10-2021
By:- Shilpi Jain

That could be possible since the rate in tax under HSN 9965 is service specific and not service provider specific, that is for being eligible for the 5% rate of GST - the provision of service of transportation of goods in a vessel is sufficient. It is not that only the shipping liners will be eligible for this rate of tax


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