Frieght and insurance to be included as composite supply

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..... Frieght and insurance to be included as composite supply
Query (Issue) Started By: - Sudhir M Dated:- 15-5-2025 Last Reply Date:- 16-5-2025 Goods and Services Tax - GST
Got 2 Replies
GST
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..... Company adopt a composite GST rate for the total invoice value, or apply separate GST rates for each individual component (i.e., goods, freight, and insurance) in the export invoice What HSN/SAC code .....

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..... and corresponding GST rate should be applied to the freight and insurance components included in the export invoice under the IGST payment route? Is the Company eligible to claim a refund of the IGS .....

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..... T paid on the freight and insurance components of the export transaction? Reply By Ganeshan Kalyani: The Reply: The GST rate of main item applies to other incident items or services.  Reply By .....

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..... Shilpi Jain: The Reply: Freight and insurance would also be liable @ applicable to the goods. Same HSN as that of the goods to be adopted. No restriction on freight and transport insurance. Can cla .....

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..... im refund as well subject to fulfillment of conditions.
Discussion Forum - Knowledge Sharing .....

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