IGST payable on transportation of goods by vessel under RCM

By Editor4 Goods and Services Tax Judiciary August 25, 2018 1 comment

Case Name: In re M/s. Chambal Fertilizers And Chemicals Limited (GST AAR Rajasthan)
Appeal Number: Only available for paid members
Date of Judgement/Order: Only available for paid members
Courts: AAR Rajasthan, Advance Rulings

Upgrade to Basic or Premium to download.

Already Upgraded? Log in.

Advertisement In re M/s Chambal Fertilizers And Chemicals Limited (GST AAR Rajasthan) a. The applicant is liable to pay IGST on transportation of goods by vessel under Reverse Charge Mechanism (RCM) under Notification No. 10/2017- Integrated Tax (Rate) dated 28.06.2017. b. Regarding exclusion of any component of expenditure upon imported goods (Ocean freight) while determining their value at the time of import, the same falls beyond the purview of Section 97 of CGST/RGST Act, 2017. FULL TEXT OF ADVANCE RULING Note: Under Section 100 of the CGST / RGST Act 2017, an appeal against this rulin...

This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.