Dear Sir Madam We charged freight charges on invoice and calculated GST on the same rate as applicable on goods But the same amount of freight paid to GTA Is GST to be paid on RCMalso Example Value of Goods 90000 Freight charges 10000 Taxable value 10000
Duties, taxes, and carrier surcharges can turn a “cheap” 3PL rate into an expensive surprise. To keep margins healthy and checkout prices transparent, you have to control the landed cost. Here are two high‑impact ways to do it: Ship in‑country, not cross‑border. Moving goods ...
10,00,000. The GST rate is 18%, which is split into a total of 18% of IGST. In this case, the dealer must charge Rs. 180,000 as IGST, which will go to the Centre. –Dipesh B, Goods Manufacturer Case Study Goods Distributor Trade Finance Global along with their partner freight ...
Last-mile shipping:Using a two-pronged approach, last mile shipping uses a carrier like FedEx or UPS to pick up and hand off your shipment to another carrier, like USPS. From there, the second carrier sorts and delivers the package. Delivery is slower, but it can cut down on shipping co...
AContainer Freight Station(CFS) is a warehouse where cargo from various exporters and importers is combined or unconsolidated before being exported or imported. Your products must be brought to the CFS, where they will be packed into a shipping container with other LCL cargoes by your loading com...
Many startups waste money on high fees because they lack the right financial infrastructure. Traditional banks typically charge high rates for account management, foreign exchange, and international payments. Many businesses don’t realise there are alternatives. Modern fintechs such as Airwallex offer...
What Are the Best Ways to Pay Customs Clearance Charges? Most exporters and importers have the services of a freight forwarder customs broker who pays the customs fees, thus saving the hassle of paying the cost themselves. If the importer is responsible for their shipment, they'll usually re...
Information about freight charges Costs associated with the shipment. Usually, the carrier, the agent, the shipper, and its agent sign the consol manifest to confirm that they understand the terms and conditions. Who Uses the Consol Manifest?
Who will pay the freight charge, local destination, and destination charge if the Incoterms is DDU? Under DDU Incoterms, all charges connected with the transportation of cargo to the named point of destination will be on the supplier’s side. ...
Reduced GST rate on Parts of power driven pumps designed for water handling Reduced GST rate on Parts suitable for Speed Diesel Engines of power not exceeding 15HP Minimized GST rate on Real Zari Click here to know GST rate on Goods and Services ...