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GST on ocean freight - Goods and Services Tax - GSTExtract 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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