Goods and Services Tax – Started By: – GNANASEKAR SHANMUGAM – Dated:- 17-7-2017 Last Replied Date:- 27-7-2017 – Whether GST applicable on OCEAN FREIGHT for export of goods? if so what is the % – Reply By KASTURI SETHI – The Reply = Who bears the ocean freight ? Buyer or exporter ? Whether FOB value or not ? – Reply By GNANASEKAR SHANMUGAM – The Reply = In our case, ocean freight is paid by exporter from India on C&F basis. – Reply By KASTURI SETHI – The Reply = In my view, GST is not applicable on ocean freight for export of goods. Ocean freight stands for when goods leave Indian Territory. – Reply By Kishan Barai – The Reply = 5% GST Ocean Freight Charged by SCI on its BL ; transportation bill – Reply By KASTURI SETHI – The Reply = If
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