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Ca Viranch Modi

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IGST under RCM on Ocean Freight on import of Goods on CIF Basis?

April 7, 2019 28011 Views 2 comments Print

While importing goods in India on CIF (Cost, Insurance & Freight) basis, the supplier / exporter located in the foreign country is liable to engage and bear the cost of transportation of goods, from the respective country up to Indian ports. Hence, for the transportation of the goods, the supplier / exporter avails the services […]

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