High seas sale ocean freight gst

Rajkumar Gutti (Audit Manager) (314 Points)

19 February 2022  

WE ARE PURCHASING IMPORT MATERIAL ON HIGH SEAS BASIS

IN THIS CONNECTION MY QUESTION IS ON WHICH CIF VALUE GST  ON OCEAN GREIGHT WILL PAID

In bill of entry there are two value- 1)Invoice value,2) Assessable value.

please guide us