EXPORT IGST
Bhavin (accountant) (18 Points)
31 December 2017
export with IGST will be calculate on FOB or CIF
1 Replies
CA Suresh Jain
(Proprietor)
(8986 Points)
Replied 31 December 2017
The IGST shall be chargeable on the value of goods supplied charged directly or indirectly from the buyer. The concept of FOB or CIF price is not there. If the supply is on FOB basis the IGST shall be payable ( if exported on payment of GST) only on FOB value
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