What should be date of booking the rcm liability on ocean freight (import of goods)?

narendra (Accountant) (281 Points)

17 July 2019  

Dear Experts,

Since IGST to be paid on reverse charge basis on Ocean Freight as per IGST Notification Nos. 8/2017 and 10/2017, on which date (from the below given dates) the RCM liability on ocean freight should be booked?

1. 12-June-2019 - Date shipped on Board by Foreign Shipper

2. 29-June-2019 - Bill of Entry date

3. 30-June-2019 - Date Goods/Ship arrived at Destination Port

4. 01-July-2019 - Date Goods dispatched from Port

5. 02-July-2019 - Date Goods received by Importer

Regards