As per GST payable under Reverse Charge Mechanism - importer needs to GST on ocean freight.
Query: Whether GST is payable only of FOB contract or CIF terms also.
otherwise ocean freight is payable on all imports irrespective of above terms
Services by way of transportation of goods by a vessel from a place outside
A person located in non-taxable
Importer as defined under clause (26) of section 2 of the Customs Act, 1962.
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