reverse charge on ocean freight

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..... reverse charge on ocean freight
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 19-9-2021 Last Reply Date:- 1-11-2021 Goods and Services Tax - GST
Got 7 Replies
GST
XYZ (India) paid an amount to a PQR Logistics(India) towards freight charges for transporting the goods from U.K. to Bangladesh by Ship. Is XYZ required to pay GST on it under reverse charge being paid towards ocea .....

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..... n freight? In my view, no RCM since the Services are not supplied by a person located in non- taxable territory. Views of the experts please. Reply By Shilpi Jain: The Reply: The RCM will be applicable only if the supplier of service is in non-taxable territory. In this case since both are in India, it will not be liable under RCM. Also there seems to be no exemption applicable. Reply By KASTU .....

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..... RI SETHI: The Reply: Madam Shilpi Jain , Just for my knowledge sake please. You have used the word.'seems'. Is there any remote possibility of uncertainty regarding exemption ? Reply By Shilpi Jain: The Reply: I was only hoping an exemption to be there since the transportation from place outside India to a customs station in India is exempt. Though noted that there is no such exemp .....

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..... tion in case where the goods were going from place outside India to another place outside India. That is why used 'seems' Reply By KASTURI SETHI: The Reply: Humble suggestion for all The words,'seems' 'appears' should not find place in our drafting. These words indicate the element of uncertainty. Reply By Ganeshan Kalyani: The Reply: In my view, RCM is not applicab .....

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..... le. Reply By raghunandhaanan rvi: The Reply: Sir, Since service is to be rendered outside India. In my view No GST Reply By Dilip Sanghvi: The Reply: RCM is not applicable as it service provider is in India. Ocean freight on export has been in exemption with sunset clause which now extended till Sep 2021. Pls refer to https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-07-2021-2020-c .....

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..... gst-rate.pdf Point V Entry No 19A and 19B
Discussion Forum - Knowledge Sharing .....

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