Case LawFINAL NO. 07/2017-18
Bahl Paper Mills Ltd., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Uttarakhand
- Date:
- May 4, 2018
- Type:
- Advance Ruling
- Members:
- VIPIN CHANDRA AND AMIT GUPTA
Subject
Importer is required to pay IGST on the ocean freight
Input Tax CreditReverse Charge Mechanism
Summary
The applicant wanted an advance ruling on the following questions Whether under Reverse Charge Mechanism, IGST should be paid by the importer on ocean freight in case of CIF basis contract, when service provider and service recipient both are outside…
Judgement
1. This is an application under Sub-Section (1) of Section 97 of the CGST Act and the rules made thereunder filed by Bahl Paper Mills Ltd., 5 KM Stone, Aliganj Road, Kashipur, Uttrakhand seeking an advance ruling on the question: Whether under Reverse Charge Mechanism, IGST should be paid by the importer on ocean freight in case of CIF basis contract, when service provider and service recipi…