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GST for Customs Brokers

Goods and Services Tax - Started By: - Basha Sikander - Dated:- 2-7-2017 Last Replied Date:- 16-7-2017 - Dear Sir, Good Afternoon. We are a Customs Broker having PAN India presence. Our CB Licence is extended to all major ports. Due to introduction of GST, our Business Model or Process of doing business is seems to affected partially. The details of the same is listed below: 1. We have 4 or 5 Major offices at ports and other offices are very small and having very limited staff as the business is .....

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oncept is NO MORE AVAILABLE... Please clarify. 3. When we are paying and taking the amount as re-imbursement without any value addition why the GST is to be applied. If this provision is available, please clarify how to raise the bill - Is it through Invoice, Debit note without GST?? 4. Whether the concept of ISD is applicable to our trade ?? If so, please guide on how to do it? 5. When the goods are imported, the GST is levied on CIF + 1 % = Assessable Value basis. Then why freight is separatel .....

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eight?? 7. Being Customs Broker, we also bound to give end to end solution of Transporting the Goods to Customer's Place and vice versa. Mostly we are taking vehicle from the Market, which sometimes owned by the Supplier and sometime being outsourced by him as well. The supplier bills us at X price and we bill it to Customer at X+Y ( Y is our margin). While we bill to customers some with RCM by Customers and some we charge S.Tax (as they may or may not pay S.Tax) under GTA. Whether the same .....

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Bill of Supply will be applicable to Service Industries like us? 11. While we do customs clearance, we also some time, asked by customers to do Loading & Unloading at factory or site. We engage Forklift, Crane and other handling equipments for this activity. What is the GST rate applicable for this activity?? We were told that we need to apply the rate of the equipment being taxed under GST?? 12. For Customs Broker buriness, whether following cost can be taken as ITC : a. Telephone Expenses .....

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I is available to take data from User's S/W to E-waybill portal for generating e-waybill? 15. Whether place of supply and receipt of supply must be shown in Invoice ?? If we bill to b2B Customer who is neither in place of Supply Say Chennai nor receipt of Supply - say Madurai. The business is received from a Friend who is located in Delhi and wanted us to clear and deliver the goods at Madurai but bill to him at Delhi? Whether SGST+CGST is to be charged ?? or IGST is to be charged?? Look for .....

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nvoice only from those offices from where services are rendered. - Reply By CA. ANCHAL RASTOGI - The Reply = Answer to query 2. As a agent you are required to incurred some expenses on the behalf of importer and these expenses are reimbursed to you on actual basis by the importer on submission of actual bill of those expenses. I think you are not liable to pay GST on those bill while you submit it to importer because you are claimed it as your expenditure. - Reply By Kishan Barai - The Reply = . .....

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ort of Goods on behalf of the Customer and claim them as re-imbursement. This has been earlier recognised by CBEC as PURE AGENT . We are given to understand that this concept is NO MORE AVAILABLE... Please clarify.Ans : Every Services would be given by CHA would be under 18% categories3. When we are paying and taking the amount as re-imbursement without any value addition why the GST is to be applied. If this provision is available, please clarify how to raise the bill - Is it through Invoice, D .....

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and SEA there is two different slabs for taxing the freight - AIR -18% and SEA -5%. Here notably, the main cost of operations for AIR or SEA is FUEL, which is still out of Purview of GST, then it is taxed under GST?? Out of academic interest would like to know the logic behind taxation of Import and Export Freight??Ans : 90% of Exports are carried out by sea from India , so 18% is too much rate for it , so it has been reduced to 5% 7. Being Customs Broker, we also bound to give end to end soluti .....

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SGST or IGST8. While reading some of the slides / notes shared, it is mentioned that if the Customer does not make payment to Supplier within 180 days, the ITC will be reversed and the Customer has to pay GST. Is this correct ?Ans : Yes9. If the point no.8 is correct, how the Department will come to know whether the payment are made or not?? Does it provide legal security to Supplier for getting confirm payment if the ITC is taken by the Customers??Ans : You need to upload all bills on GST porta .....

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