ocean Freight

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20 Points Joined December 2017
Is GST applicable on ocean freight when term and condition CIF
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On 03 September 2018 at 19:42 Report
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Chartered Accountant
487 Points Joined April 2011
yes. @ 5% of assessable value. AV = Actual freight or 10% of invoice value.
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On 03 September 2018 at 20:00
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Chartered Accountant
487 Points Joined April 2011
invoice value = invoice amount*exchange rate
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On 03 September 2018 at 20:00
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20 Points Joined December 2017
if goods exempted then also
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On 03 September 2018 at 20:03


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