GST Impact Analysis on Service Sector

Size: px
Start display at page:

Download "GST Impact Analysis on Service Sector"

Transcription

1 THE CHAMBER OF TAX CONSULTANTS Indirect Tax Study Circle Meeting GST Impact Analysis on Service Sector - By CA Parita Shah & CA Payal Shah - On 17 th May, 2017 I Logistics Marine Logistics Pvt. Ltd is a custom house agent (CHA) and is also in the business of being a freight forwarder acting on a principal to principal basis providing end to end logistics solutions. The company is centrally registered with the service tax department with centralized accounting in Mumbai. The company has branches in New Delhi, Gandhidham, Ludhiana, Bhopal and Nagpur. In addition thereto, the company has also acquired table space at various ports viz. Nhava Sheva, Pipavav, Kandla to monitor and coordinate the movement of the cargo at the port and assist in relation to the various documentations. The company also has an administrative office in the city of Gurgaon. The table space acquired at the port and the administrative office are not currently registered with the service tax department as no billing is undertaken from the said premises. Issues for Consideration (a) Whether the company is required to obtain registration for the table space and the administrative office under the GST Regime from where no billing is undertaken by the company. However, there are various overhead costs Page 1 of 5

2 involved in relation to the said premises i.e. rent, telephone expenses etc. on which applicable taxes would be charged by the vendors? (b) As a CHA, the company incurs various expenses as a pure agent of the shipper which includes charges for loading, unloading, buffer yard charges, dock expenses etc. The company procures these services from third party vendors/port authorities who in turn raise their invoice on the company with service tax and generally mention only the name of the shipper. Currently, the company is making the payment to these vendors and is issuing a debit note on the shipper incorporating the various expenses as receipted/nontaxable and is also enclosing the invoices of the vendors/port authorities to entail the shipper to avail the CENVAT credit. Whether the said practice can continue in the GST Regime? (c) The company has the following queries in relation to their freight forwarding business (i) A shipper in Gujarat has approached the Gandhidham Office of the Company to transport goods from Nhava Sheva to Mombasa, Uganda. The Gandhidham Office has in turn instructed their Mumbai Office to undertake the said transportation activity. Accordingly, the Mumbai Office has contracted with the shipping line for the transportation. The Mumbai office is responsible to transport the goods from the factory of the shipper in Mumbai to the port, undertake the port formalities and handover the goods to the shipping line. Page 2 of 5

3 (ii) In relation to the above transaction, the Mumbai office appoints a networking partner located in Uganda who acts in the capacity of a CHA and gets the goods cleared at the customs station outside India, gets the loading, unloading of goods done, pays the custom clearance charges and transports/delivers the goods to the consignee. The charges for all the above services is recovered by the networking partner outside India from the Mumbai Office. Determine the tax implications under GST in the scenario and the manner in which the billing will be done to the shipper. II Banking & Financial Services HMSC Ltd. is a NBFC engaged in providing loans, project finances etc. It has operations across India and has got more than 120 branches spread in 10 States. Major income source of HMSC are interest on loans, processing charges and pre-payment charges. In case the borrower does not pay EMI on time, HMSC also collects interest on delayed EMI payments. Presently, HMSC is operating under centralised service tax registration and CENVAT Credit of all input services is accumulated at Head Office. Issues for Consideration (a) If one borrower residing at Delhi, is taking loan from Mumbai Branch of HMSC and is providing communication address of Mumbai to HMSC. What should be the place of supply for such transaction: Delhi or Mumbai? (b) Whether interest on delayed EMI payments would be taxable under GST? If yes, when would the GST liability arise for such interest? Page 3 of 5

4 (c) HMSC has certain common expenses such as marketing, audit fees, IT support etc. How to distribute ITC in respect of such services to respective branches? (d) HMSC has availed 50% of CENVAT credit on capital goods amounting to Rs. 10,00,000/- under pre-gst regime. Whether HMSC can claim input tax credit of balance Rs. 10,00,000/- under GST? (e) Since HMSC has numerous branches, it is common for them to transfer furniture and certain capital assets from one branch to another. Whether such transfers would face any implications under GST? (f) HMSC procures services at all such branches and therefore, has various service providers spread across India. HMSC understands that in order to claim Input tax Credit under GST, HMSC is required to ensure that GST collected by all such service providers is deposited to Government Treasury. HMSC is looking forward to you for setting up a proper system to claim ITC. III Real-Estate Broking Housing Company Ltd, a real estate broker registered in Maharashtra has appointed various sub-brokers across India. Most of these sub-brokers located in various states are below the threshold limit and accordingly not required to be registered under GST. The company seeks your advice to determine whether they are required to discharge GST on the supplies received from these unregistered brokers? Page 4 of 5

5 IV Courier Door to Door delivery Ltd is a courier agency centrally registered under service tax at Mumbai. The company has set up collection centers in various states to collect the courier parcels of their clients. The company seeks your advice to determine the place of supply in respect of their services and also whether they are required to obtain registration in each state under the GST Regime. Page 5 of 5

GST Impact Analysis on Service Sector

GST Impact Analysis on Service Sector THE CHAMBER OF TAX CONSULTANTS Indirect Tax Study Circle Meeting GST Impact Analysis on Service Sector - By CA Parita Shah & CA Payal Shah - On 18 th April, 2017 I. Tours and Travels Tour and Travel Private

More information

ASSOCIATION OF MULTIMODAL TRANSPORT OPERATORS OF INDIA

ASSOCIATION OF MULTIMODAL TRANSPORT OPERATORS OF INDIA ASSOCIATION OF MULTIMODAL TRANSPORT OPERATORS OF INDIA For Private Circulation only Disclaimer ** AMTOI / the author does not guarantee the accuracy of opinions and views expressed, and take no responsibility

More information

1.1 Clarity on interpretation of consignment in order to determine the value of INR 50,000

1.1 Clarity on interpretation of consignment in order to determine the value of INR 50,000 Annexure 1 Recommendations on E-waybills 1. IMMEDIATE CLARIFICATIONS 1.1 Clarity on interpretation of consignment in order to determine the value of INR 50,000 As per Rule 138(1) of the CGST Rules, an

More information

SERVICE TELECOM. GSTIndia.biz. Ashu Dalmia GCC VAT & GST Consultant, Trainer & Author

SERVICE TELECOM. GSTIndia.biz. Ashu Dalmia GCC VAT & GST Consultant, Trainer & Author GSTIndia.biz Seminar on GST (Issues and Implications- Industry wise)- BY NIRC OF ICAI 10 th Feb 2018 SERVICE TELECOM Ashu Dalmia GCC VAT & GST Consultant, Trainer & Author Mob: +91-9810893243 Email-ashu.dalmia@ada.org.in

More information

Hosted By GHANDHIDHAM Branch of ICAI

Hosted By GHANDHIDHAM Branch of ICAI Two Day s Conference Hosted By GHANDHIDHAM Branch of ICAI PRESENTED BY RAJIV LUTHIA AN INVESTMENT IN KNOWLEDGE PAYS THE BEST RETURN 5th November, 2017 CA Rajiv Luthia 1 COVERAGE ISSUES IN GOODS TRANSPORT

More information

Schedule of E-Way SNo Particulars Scheduled 1 Voluntary E Way Bills opted by Traders/ Transporters 2 Mandatory E Way Bills for Inter

Schedule of E-Way SNo Particulars Scheduled 1 Voluntary E Way Bills opted by Traders/ Transporters 2 Mandatory E Way Bills for Inter Schedule of E-Way SNo Particulars Scheduled 1 Voluntary E Way Bills opted by Traders/ Transporters 2 Mandatory E Way Bills for Inter State Movement 3 E Way Bill introduction by States (Discretionary) 4

More information

MUMBAI LOCAL CHARGES Date: 07 June, 2018

MUMBAI LOCAL CHARGES Date: 07 June, 2018 MUMBAI LOCAL CHARGES Date: 07 June, 2018 AIR EXPORT Charges Head Currency Min Per kg Remarks 1. HAWB FEE USD 25 PER HAWB 2. TERMINAL CARTAGE USD 8 0.03 Per Kgs or Min 3. AIRLINE CARTAGE USD 3 0.03 Per

More information

ISSUES RELATED TO GST IN LOGISTICS INDUSTRY

ISSUES RELATED TO GST IN LOGISTICS INDUSTRY ISSUES RELATED TO GST IN LOGISTICS INDUSTRY SEMINAR ORGANIZED BY WIRC OF ICAI PRESENTED BY RAJIV LUTHIA 10th August, 2018 AN INVESTMENT IN KNOWLEDGE PAYS THE BEST RETURN CA Rajiv Luthia 1 TRANSPORT OF

More information

Notice of arrival of ship and submission of advance manifest. Arrival, Boarding of ship and Reporting of cargo

Notice of arrival of ship and submission of advance manifest. Arrival, Boarding of ship and Reporting of cargo IMPORT PROCEDURES Notice of arrival of ship and submission of advance manifest Arrival, Boarding of ship and Reporting of cargo Arrival of Aircraft and Reporting of cargo Discharge and tallying of cargo

More information

GST PLACE AND TIME OF SUPPLY. K. VAITHEESWARAN ADVOCATE CHENNAI

GST PLACE AND TIME OF SUPPLY. K. VAITHEESWARAN ADVOCATE CHENNAI GST PLACE AND TIME OF SUPPLY K. VAITHEESWARAN ADVOCATE CHENNAI vaithilegal@gmail.com Goods Services Inter-State Supply Intra-State Supply Place of supply for goods Place of supply for services Section

More information

GST Model Law: Impact on Freight Forwarding & Logistics Industry

GST Model Law: Impact on Freight Forwarding & Logistics Industry GST Model Law: Impact on Freight Forwarding & Logistics Industry gstindia.com/gst-model-law-impact-on-freight-forwarding-logistics-industry/ By Admin July 16, 2016 The Government s efforts to release the

More information

GST FCBM

GST FCBM Capital goods and its Credit under GST : GST is a tax on the supply of goods or services or both. The registered person who is engaged in taxable supply or export of goods or services or both can avail

More information

Import/Export/SEZ concept in Miracle. Import/Export/SEZ concept in Miracle

Import/Export/SEZ concept in Miracle. Import/Export/SEZ concept in Miracle Import/Export/SEZ concept in Miracle 1 Import/Export/SEZ concept in Miracle Only for internal use of Miracle Accounting Software. Prepared By RKIT Software Pvt Ltd-Rajkot Topics covered in this Import-Export-SEZ

More information

Place of Supply and Time of Supply

Place of Supply and Time of Supply Place of Supply and Time of Supply In addition to above, Compensation cess shall be levied on such supplies as may be notified by the Central Government. The same will be levied under Compensation Law

More information

WE HELP YOU GL BALIZE

WE HELP YOU GL BALIZE WE HELP YOU GL BALIZE We provide comprehensive range of Logistics services by integrating our domain, business expertise and strategic alliances to deliver tailored, customer focused solutions. We aim

More information

Public Revenue Department. Importers and Exporters

Public Revenue Department. Importers and Exporters Importers and Exporters 0 What is a supply? VAT will be due where a taxable supply is being made by a taxable person For consideration By any person In the course of conducting business In the UAE A supply

More information

GST FCBM

GST FCBM The Central Government vide Notification no.74/2017 dated 29th December, 2017 has notified 1st day of February, 2018, as the date from which the provisions of E- Way bill system as notified in Notification

More information

GST FCBM

GST FCBM The Central Government vide Notification no.74/2017 dated 29th December, 2017 has notified 1st day of February, 2018, as the date from which the provisions of E- Way bill system as notified in Notification

More information

Clearance Delay - Import Clearance Instructions From The Importer Are Required

Clearance Delay - Import Clearance Instructions From The Importer Are Required Clearance Delay - Import Clearance Instructions From The Importer Are Required At 3:01am the status went to "Clearance delay - Import". I saw that other people Clearance instructions from the importer

More information

Frequently Asked Questions (FAQs) on Electronic Way Bill (E-Way Bill)

Frequently Asked Questions (FAQs) on Electronic Way Bill (E-Way Bill) Frequently Asked Questions (FAQs) on Electronic Way Bill (E-Way Bill) 1 Preface The Government of India, for an inclusive growth of the Nation, has enacted and implemented various reforms confirming economic

More information

DOWNLOAD PDF REPORT REQUIRED FOR SEPARATE FREIGHT SHIPMENTS 79 62

DOWNLOAD PDF REPORT REQUIRED FOR SEPARATE FREIGHT SHIPMENTS 79 62 Chapter 1 : Tracking, Track Parcels, Packages, Shipments DHL Express Tracking For sea freight carried in FCX arrangements involving multiple suppliers a separate cargo report will be required in respect

More information

Goods & Service Tax: Clarification required on various issues under Business Processes on GST. Date:

Goods & Service Tax: Clarification required on various issues under Business Processes on GST. Date: Goods & Service Tax: Clarification required on various issues under Business Processes on GST Date: 31-10-2015 Multiple Line item-wise HS Code updation is mandatory for Sales Register & Purchase Register

More information

Terms and Conditions. 1. Bills of Lading

Terms and Conditions. 1. Bills of Lading L&P Transportation, LLC dba Leggett & Platt Global Supply Chain, (hereinafter referred to as Company ) is a logistics company with offices in Chicago, IL and Carthage, MO. The enrolled Customer, Shipper

More information

F. No. VIII(Cus)17-01/CT/2017/PN/NGP-II Dated: 23/01/2017. PUBLIC NOTICE No: 02/2017-CUS

F. No. VIII(Cus)17-01/CT/2017/PN/NGP-II Dated: 23/01/2017. PUBLIC NOTICE No: 02/2017-CUS OFFICE OF THE COMMISSIONER CUSTOMS, CENTRAL EXCISE & SERVICE TAX, NAGPUR II COMMISSIONERATE Address: Civil Lines, Telengkhedi Road, Nagpur-440001(Maharashtra) Phone No.: (0712) 2560892, 2560283, 2564292,

More information

Guide to Goods and Services Tax on Employee reimbursements

Guide to Goods and Services Tax on Employee reimbursements Guide to Goods and Services Tax on Employee reimbursements FCA, LLB, DISA P a g e 2 Contents 1. Introduction... 3 2. Who is an employee... 3 3. Services of employee are not Supply of goods or services...

More information

E-WAY BILL Prepared by : CA Mahendra Kotadiya CA Jagdish Vaishnav

E-WAY BILL Prepared by : CA Mahendra Kotadiya CA Jagdish Vaishnav E-WAY BILL Prepared by : CA Mahendra Kotadiya CA Jagdish Vaishnav Why Centralise E-Way Bill required? Unique Selling Proposition (USP) of Goods and Services Tax is Nation- One Tax One Market. One Introducing

More information

Pocket Guide for Ensuring Efficient Delivery of Clinical Study Materials

Pocket Guide for Ensuring Efficient Delivery of Clinical Study Materials Pocket Guide for Ensuring Efficient Delivery of Clinical Study Materials International logistics should be a team effort. Anyone involved in a transaction can unintentionally cost a company thousands of

More information

SECTION 11(2)(a), (b), (c), (d) AND (e) THE VALUE-ADDED TAX TREATMENT OF SUPPLIES OF INTERNATIONAL AND ANCILLARY TRANSPORT SERVICES

SECTION 11(2)(a), (b), (c), (d) AND (e) THE VALUE-ADDED TAX TREATMENT OF SUPPLIES OF INTERNATIONAL AND ANCILLARY TRANSPORT SERVICES DRAFT DRAFT INTERPRETATION NOTE DATE: ACT : VALUE-ADDED TAX ACT 89 OF 1991 SECTIONS : SUBJECT : SECTION 11(2)(a), (b), (c), (d) AND (e) THE VALUE-ADDED TAX TREATMENT OF SUPPLIES OF INTERNATIONAL AND ANCILLARY

More information

Fertilizer Logistics Port Handling Operations and Coastal Shipping

Fertilizer Logistics Port Handling Operations and Coastal Shipping FAI Programme on Fertilizer Logistics Port Handling Operations and Coastal Shipping 6-9 March, 2019 Quality Inn Palms, Gandhidham, Near Deendayal Port Trust, Kandla, Gujarat THE FERTILIZER ASSOCIATION

More information

Bills of Lading 101. March 27, 2017

Bills of Lading 101. March 27, 2017 Bills of Lading 101 March 27, 2017 Bills of Lading - Overview What is a Bill of Lading? The function of a Bill of Lading Lifecycle of a bill of lading Types of bills of lading Bills of lading and the Bank

More information

GST GOODS & SERVICE TAX = ONE NATION ONE TAX. ASHOK CHANDAK

GST GOODS & SERVICE TAX = ONE NATION ONE TAX. ASHOK CHANDAK GST GOODS & SERVICE TAX = ONE NATION ONE TAX ASHOK CHANDAK sbcngp@gmail.com 1 GOODS & SERVICES TAX PLACE OF SUPPLY IN CASE OF SERVICES By JAI POPTANI sbcngp@gmail.com 2 DISCLAIMER 1) This presentation

More information

Tally ERP9 CHAPTER 2 TALLY ERP9

Tally ERP9 CHAPTER 2 TALLY ERP9 4 CHAPTER 2 TALLY ERP9 INTRODUCTION Manual Accounts mantaining involves lot of labour and time and even after, the result may not be up to expectations. Working in Tally, which is an Accounting Software,

More information

SARJAK CONTAINER LINES PVT. LTD.

SARJAK CONTAINER LINES PVT. LTD. SARJAK CONTAINER LINES PVT. LTD. CARRIER S STANDARD CREDIT TERMS Credit on any owed sums may be granted by Sarjak Container Lines Pvt. Ltd. to the Client, hereinafter referred as the «Client» or «Sarjak»,

More information

Road Service. The eligibility of cenvat credit of service tax paid on GTA services is also discussed.

Road Service. The eligibility of cenvat credit of service tax paid on GTA services is also discussed. - CA Madhukar N.Hiregange & CA Roopa Nayak In this article we look at the scope of Negative List entry on Transportation of Goods by Road Service. The eligibility of cenvat credit of service tax paid on

More information

GST IN INDIA INVOICE & PAYMENTS

GST IN INDIA INVOICE & PAYMENTS GST IN INDIA INVOICE & PAYMENTS 1 INVOICE The most important aspect in GST is tax invoice. No statutory format prescribed. Tax payers are free to design their own invoice format. Certain mandatory details

More information

IMPORTING YOUR GOODS USING SEA FREIGHT. 1 Magellan Logistics

IMPORTING YOUR GOODS USING SEA FREIGHT. 1 Magellan Logistics IMPORTING YOUR GOODS USING SEA FREIGHT 1 Magellan Logistics 2017 - www.magellanlogistics.com.au Shipping containers were developed from the railway s iron boxes that were initially used to transport coal

More information

Understanding INCOTERMS 2010

Understanding INCOTERMS 2010 Understanding INCOTERMS 2010 ALOK S. PATHAK 8 th January, 2016. CONTENTS- 1. Introduction. 2. The present version INCOTERMS 2010. 3. A Bird s eye view of INCOTERMS Division and Classification. 4. Containerized

More information

CMA-CGM LOGISTICS PARK, PVT. LTD. (DADRI) TARIFF (w.e.f. 16th February, 2015)

CMA-CGM LOGISTICS PARK, PVT. LTD. (DADRI) TARIFF (w.e.f. 16th February, 2015) CMA-CGM LOGISTICS PARK, PVT. LTD. (DADRI) TARIFF (w.e.f. 16th February, 2015) TERMINAL HANDLING CHARGES - EXPORT OPERATIONS CATEGORY TARIFF (In Rupees) (For Dry Van, Open Top containers within gauge weighing

More information

SNB/ENQ/Clearing Agent/12-13/362(wp) 17 th May 2012

SNB/ENQ/Clearing Agent/12-13/362(wp) 17 th May 2012 SNB/ENQ/Clearing Agent/12-13/362(wp) 17 th May 2012 Dear Sir, S.N. Bose National Centre for Basic Sciences, a research and educational institute fully funded by the Department of Science & Technology,

More information

Parties to a contract are frequently unaware of different trading practices in their respective countries.

Parties to a contract are frequently unaware of different trading practices in their respective countries. COTERMS 2000 The International Chamber of Commerce (ICC) rules for: The interpretation of the delivery terms in use in foreign trade contracts between the seller & buyer. They provide the parameters of

More information

CEBU CPAR CENTER. M a n d a u e C I t y

CEBU CPAR CENTER. M a n d a u e C I t y Page 1 of 9 CEBU CPAR CENTER M a n d a u e C I t y AUDITING PROBLEMS AUDIT OF INVENTORIES PROBLEM NO. 1 The Pasay Company is a wholesale distributor of automobile replacement parts. Initial amounts taken

More information

EXHIBITOR TEMPLATES A Division of Regional Facilities Auckland Ltd An Auckland Council Organisation

EXHIBITOR TEMPLATES A Division of Regional Facilities Auckland Ltd An Auckland Council Organisation EXHIBITOR TEMPLATES Level 3, Viaduct Events Centre, 161 Halsey Street, Auckland 1010. PO Box 5749, Wellesley Street, Auckland 1141, New Zealand. T +64 9 307 5498 F +64 9 307 5499 E events@aucklandconventions.co.nz

More information

International Shipping & Customs Clearance Guidelines

International Shipping & Customs Clearance Guidelines International Shipping & Customs Clearance Guidelines Phoenix International Business Logistics, Inc. Port Elizabeth 1201 Corbin Street Elizabeth, NJ 07201 Phil Hobson / Sally Mulkeen Tel 908-355-8900 Fax

More information

When they came into being?

When they came into being? What are Inco terms? When they came into being? Where are they applied? Who applies them? Why are they applied? Terms covered by Incoterms INCO terms- Groups E F C D? Changes in 2010 additions Transition

More information

Page 1. Allcargo CFS TARIFF 56

Page 1. Allcargo CFS TARIFF 56 Page 1 Allcargo CFS TARIFF 56 Allcargo Logistics Ltd., Village: Khoproli / Khopta Taluka: Uran, Dist. Raigad, Maharashtra 410212 CONTAINER RELATED CHARGES IMPORT Handling & Transportation For Loaded Delivery

More information

SHIPPING INSTRUCTIONS ISPOR 2013 The Convention Centre Dublin 2 nd 6 th November 2013

SHIPPING INSTRUCTIONS ISPOR 2013 The Convention Centre Dublin 2 nd 6 th November 2013 SHIPPING INSTRUCTIONS The Convention Centre Dublin 2 nd 6 th November 2013 1 CONTENTS Introduction Page 3 Show Contacts Page 3 Deliveries to Page 3 Advance Warehouse Page 3 Direct Deliveries Page 3 Consignee

More information

FREIGHT, SHIPPING & SITE HANDLING

FREIGHT, SHIPPING & SITE HANDLING FREIGHT, SHIPPING & SITE HANDLING Only the official sole freight forwarder can provide mechanical handling ie. forklifts and pallet trucks within the exhibition premises. Exhibitors are encouraged to engage

More information

CONTENTS. Annexure A The law Annexure B Extract from Interpretation Note

CONTENTS. Annexure A The law Annexure B Extract from Interpretation Note INTERPRETATION NOTE 103 DATE: 14 September 2018 ACT : VALUE-ADDED TAX ACT 89 OF 1991 SECTION : SECTION 11(2)(a), (b), (c), (d) AND (e) SUBJECT : THE VALUE-ADDED TAX TREATMENT OF SUPPLIES OF INTERNATIONAL

More information

Import Service And Procedure Outline

Import Service And Procedure Outline BDG INTERNATIONAL, INC. 840 Tollgate Rd. Elgin, IL 60123 TEL: 847-760-0000 -- FAX: 847-760-0005 www.bdginternational.com Import Service And Procedure Outline Contents Hours of Operation... 3 Getting Started...

More information

1. GSTIN/Temporary ID: 2. Legal Name: 3. Trade Name, if any: 4. Address: 5. Tax Period: From <DD/MM/YY> To <DD/MM/YY>

1. GSTIN/Temporary ID: 2. Legal Name: 3. Trade Name, if any: 4. Address: 5. Tax Period: From <DD/MM/YY> To <DD/MM/YY> FORM-GST-RFD-01 [See rule------] Application for Refund Select: Registered / Casual/ Unregistered/Non-resident taxable person 1. GSTIN/Temporary ID: 2. Legal Name: 3. Trade Name, if any: 4. Address: 5.

More information

1. GSTIN/Temporary ID: 2. Legal Name: 3. Trade Name, if any: 4. Address: 5. Tax Period: From <DD/MM/YY> To <DD/MM/YY>

1. GSTIN/Temporary ID: 2. Legal Name: 3. Trade Name, if any: 4. Address: 5. Tax Period: From <DD/MM/YY> To <DD/MM/YY> FORM-GST-RFD-01 [See rule------] Application for Refund Select: Registered / Casual/ Unregistered/Non-resident taxable person 1. GSTIN/Temporary ID: 2. Legal Name: 3. Trade Name, if any: 4. Address: 5.

More information

GST/HST Information for Freight Carriers

GST/HST Information for Freight Carriers GST/HST Information for Freight Carriers RC4080(E) Rev. 10 Is this booklet for you? T his booklet explains how the goods and services tax/harmonized sales tax (GST/HST) applies to domestic and international

More information

Relevant Provisions Issues Recommendations

Relevant Provisions Issues Recommendations Rule 1(1) of the Electronic Way Bill Rules 1. Information to be furnished prior to commencement of movement of goods and generation of e-way bill (1) Every registered person who causes movement of goods

More information

ENG JOO LOGISTICS SDN BHD

ENG JOO LOGISTICS SDN BHD ENG JOO LOGISTICS SDN BHD CONDITIONS OF TARIFF 1 st. APRIL 2015 Reminder: With Effective From 1 st April 2015, Malaysia Government imposed a Goods and Services Tax (GST) of 6% for all the tariff charges

More information

American ALDES Ventilation Corporation Standard Freight Policy

American ALDES Ventilation Corporation Standard Freight Policy 1 American ALDES Ventilation Corporation Standard Freight Policy All terms set forth in this document shall be observed by American ALDES Ventilation Corporation (hereinafter referred to as Seller ) and

More information

CASS Import &Terminal Charges. Local Customer Services Manual

CASS Import &Terminal Charges. Local Customer Services Manual CASS Import &Terminal Charges Local Customer Services Manual Version 12 effective 01 April 2018 Table of Content Item # Item Name Page 1 What is CASS Import & Terminal Charges (CASS ITC)? 3 2 Who manages

More information

APPENDIX I Questionnaire for Pilot Study Stage I Section 1: Customs Clearance Issues and Challenges Yes/No Remarks, if any

APPENDIX I Questionnaire for Pilot Study Stage I Section 1: Customs Clearance Issues and Challenges Yes/No Remarks, if any APPENDIX I Questionnaire for Pilot Study Please identify the issues and challenges in context of outbound logistics activities of Indian Apparel Exports. Stage I Section 1: Customs Clearance Issues and

More information

SHIPPING MATERIALS TO PUERTO RICO

SHIPPING MATERIALS TO PUERTO RICO SHIPPING MATERIALS TO PUERTO RICO CHTA highly recommends the use of a broker to assist in transferring and clearing your materials to Caribbean Travel Marketplace 2015. Below we have provided information

More information

Introduction. Kindly note that Hermes is the sole official on-site agent nominated by KENES to handle all in/out shipments arriving to this congress.

Introduction. Kindly note that Hermes is the sole official on-site agent nominated by KENES to handle all in/out shipments arriving to this congress. Introduction Kindly note that Hermes is the sole official on-site agent nominated by KENES to handle all in/out shipments arriving to this congress. All cargo/ shipment will be moved in / moved out from

More information

Place of Supply of Goods or Services or Both

Place of Supply of Goods or Services or Both FAQ s Chapter III Place of Supply of Goods or Services or Both Place of supply of goods other than supply of goods imported into, or exported from India (Section 10) Q 1. What is the place of supply where

More information

TARIFF GUIDE. EFFECTIVE FROM 20 th JUNE 2018 SEABIRD MARINE SERVICES (GUJARAT) PVT LTD-MUNDRA CONTAINER FREIGHT STATION

TARIFF GUIDE. EFFECTIVE FROM 20 th JUNE 2018 SEABIRD MARINE SERVICES (GUJARAT) PVT LTD-MUNDRA CONTAINER FREIGHT STATION SEABIRD MARINE SERVICES (GUJARAT) PVT LTD-MUNDRA CONTAINER FREIGHT STATION Post Bag No.20, Bharat CFS Zone -1, Mundra Port & SEZ Ltd., Kutch - 370421, Gujarat. Tel: 91-2838-271141-44, Fax: 91-2838-271146

More information

Invoice under GST. Abhay M Sharma & Co. 302/1 Ujjaval Complex, Nr. Akota Stadium, Akota, Vadodara

Invoice under GST. Abhay M Sharma & Co. 302/1 Ujjaval Complex, Nr. Akota Stadium, Akota, Vadodara Invoice under GST Abhay M Sharma & Co. 302/1 Ujjaval Complex, Nr. Akota Stadium, Akota, Vadodara For More information contact 0265-2352829, 7600881610 The views contained in the above presentation does

More information

GEARED UP FOR BILLING UNDER GST

GEARED UP FOR BILLING UNDER GST GEARED UP FOR BILLING UNDER GST CA. Nayan Jain (Associate member of Team GST Cornor) Invoicing is a crucial aspect of tax compliance for every business. Input tax credit can be availed on the basis of

More information

OEC TERMS & CONDITIONS

OEC TERMS & CONDITIONS OEC TERMS & CONDITIONS 1. The Company shall have a general lien of any property of the Customer in its possession for all claims for charges and expenses incurred in connection with any shipments of the

More information

A CASE STUDY BY MAGAYA. Company Limited

A CASE STUDY BY MAGAYA. Company Limited A CASE STUDY BY MAGAYA Company Limited AT A GLANCE http://www.rurutz.com Freight Forwarder Solution Cargo System is based in Dar es Salaam, Tanzania. Services offered include import and export of freight,

More information

Dewan Consulting. Freight Accounting System. Program Features

Dewan Consulting. Freight Accounting System. Program Features Dewan Consulting Program Features Table of contents Introduction Freight accounting system System setup Company setup Service setup Employees setup data Freight accounting setup data Operation codes Automatic

More information

Minimum Documents Required for EDI Registratio. Requirements of shipment documents

Minimum Documents Required for EDI Registratio. Requirements of shipment documents Minimum Documents Required for EDI Registratio KYC Documents : As per attachment. Request Letter for EDI Registration : As per attachment. Original Bank's letter for AD Code : As per attachment. Self attested

More information

Time of Supply: 2) Time of supply in case of supply of goods through e-commerce entities?

Time of Supply: 2) Time of supply in case of supply of goods through e-commerce entities? Time of : 1) Time of supply in case of Composite supply? 2) Time of supply in case of supply of goods through e-commerce entities? 3) Whether the advance received prior to provision of service is liable

More information

E-way bill - basic provisions

E-way bill - basic provisions from India Tax & Regulatory Services E-way bill - basic provisions January 31, 2018 In detail The provisions pertaining to the E-way bill for inter-state movement of goods will be effective from 01 February,

More information

A. General Information

A. General Information Management Systems Questionnaire for Standard Cost Reimbursement Grants (Jan 2016) 1. Legal name of applicant organization: 2. Name and title of individual completing this questionnaire: 3. Signature of

More information

CYPRUS SHIPPING ASSOCIATION (CSA) STANDARD TRADING CONDITIONS FEBRUARY 1998

CYPRUS SHIPPING ASSOCIATION (CSA) STANDARD TRADING CONDITIONS FEBRUARY 1998 CYPRUS SHIPPING ASSOCIATION (CSA) STANDARD TRADING CONDITIONS FEBRUARY 1998 All transactions entered into by a Member of the Cyprus Shipping Association (hereinafter "the Company") in connection with or

More information

Date & Day : Wednesday, 04th April, Venue : Jaihind College, A. V. Room, 4th Floor, Presented by : CA Mitesh Katira & CA Parag Mehta

Date & Day : Wednesday, 04th April, Venue : Jaihind College, A. V. Room, 4th Floor, Presented by : CA Mitesh Katira & CA Parag Mehta E-Way Bill Subject : E-Way Bill - Issues Date & Day : Wednesday, 04th April, 2018 Venue : Jaihind College, A. V. Room, 4th Floor, A Road, Churchgate, Mumbai 400 020. Presented by : CA Mitesh Katira & CA

More information

PLACE OF SUPPLY - GST

PLACE OF SUPPLY - GST PLACE OF SUPPLY - GST Place of Supply (POS) in GST In GST, the concept of a place of supply has been made relevant not only for the supply of services but also for the transaction of goods. In this article,

More information

Schedule of E-Way SNo Particulars Scheduled 1 Voluntary E Way Bills opted by Traders/ Transporters 2 Mandatory E Way Bills for Inter

Schedule of E-Way SNo Particulars Scheduled 1 Voluntary E Way Bills opted by Traders/ Transporters 2 Mandatory E Way Bills for Inter Schedule of E-Way SNo Particulars Scheduled 1 Voluntary E Way Bills opted by Traders/ Transporters 2 Mandatory E Way Bills for Inter State Movement 3 E Way Bill introduction by States (Discretionary) 4

More information

Tariff w.e.f EXPORT OPERATION (A) Ground rent charges for container. 20 Feet 40 Feet

Tariff w.e.f EXPORT OPERATION (A) Ground rent charges for container. 20 Feet 40 Feet Tariff w.e.f 01-8-2014 1 EXPORT OPERATION (A) Ground rent charges for 20 Feet 40 Feet 1 Ground rent for empty 2 Ground rent for loaded (B) Storage charges for Cargo Date of Arrival Free Free 2 nd to 10

More information

1. Meaning of E-way bill-

1. Meaning of E-way bill- From Karvy Data Management Services Ltd. Date September 13, 2017 Subject E-Way Bill Notification Category Notification No 27 /2017 - Central Tax dated 30 th August, 2017 The Government vide Central Tax

More information

Upgrading to Tally.ERP 9 Release 6

Upgrading to Tally.ERP 9 Release 6 Upgrading to Tally.ERP 9 Release 6 Upgrading to Tally.ERP 9 Release 6 is fairly simple. We urge you to go through the FAQ section before you upgrade to Release 6! Install Tally.ERP 9 Release 6 Renew your

More information

NRI Non-Resident Importer. Based in the U.S.

NRI Non-Resident Importer. Based in the U.S. NRI Non-Resident Importer Based in the U.S. INTRODUCTION This guide explains how U.S. businesses can import goods to Canada without having a physical presence in Canada. It will help you to understand

More information

All the Inventory transactions will look for the valuation class and the corresponding G.L. Accounts and post the values in the G.L accounts.

All the Inventory transactions will look for the valuation class and the corresponding G.L. Accounts and post the values in the G.L accounts. Inventory Accounting Entries All the Inventory transactions will look for the valuation class and the corresponding G.L. Accounts and post the values in the G.L accounts. For Example: during Goods Receipt

More information

Place of Supply of Goods or Services or Both. Place of supply of goods other than supply of goods imported into, or exported from India (Section 10)

Place of Supply of Goods or Services or Both. Place of supply of goods other than supply of goods imported into, or exported from India (Section 10) Place of Supply of Goods or Services or Both Chapter III Place of supply of goods other than supply of goods imported into, or exported from India (Section 10) Q 1. What is the place of supply where movement

More information

EYNSFORD PARISH COUNCIL

EYNSFORD PARISH COUNCIL EYNSFORD PARISH COUNCIL FINANCIAL REGULATIONS These Financial Regulations were adopted by the Council at its Meeting held on 20 September 2007, last amended on 20 th July 2017. 1. GENERAL 1.1 These financial

More information

Agency agreement. For the compensation hereinafter stated, Principal and Agent shall both use their best efforts to perform the following duties:

Agency agreement. For the compensation hereinafter stated, Principal and Agent shall both use their best efforts to perform the following duties: Agency agreement This agreement is made [date], between [principal], a corporation organized and existing under the laws of the State of Washington, with its principal office located at [address, city,

More information

Trading With Mexico Transportation & Logistics Council Annual Conference March 21, 2017

Trading With Mexico Transportation & Logistics Council Annual Conference March 21, 2017 Trading With Mexico Transportation & Logistics Council Annual Conference March 21, 2017 Presented by: Arcie Jordan, Partner Gardere Wynne Sewell LLP 2017, Arcie Jordan GARDERE WYNNE SEWELL LLP AUSTIN DALLAS

More information

CARIBBEAN MARKETPLACE GROS ISLET, ST. LUCIA JANUARY 18 20, 2009 SHIPPING INSTRUCTIONS

CARIBBEAN MARKETPLACE GROS ISLET, ST. LUCIA JANUARY 18 20, 2009 SHIPPING INSTRUCTIONS CARIBBEAN MARKETPLACE GROS ISLET, ST. LUCIA JANUARY 18 20, 2009 SHIPPING INSTRUCTIONS CHTA highly recommends the use of a broker to assist in transferring and clearing your materials to Caribbean Marketplace.

More information

INVOICE UNDER GST CA. PAYAL VASANI

INVOICE UNDER GST CA. PAYAL VASANI INVOICE UNDER GST CA. PAYAL VASANI INVOICE (Sec. 31) & Invoice Rules What are we Going to learn today Kinds of Invoices When it is to be used Invoice Rules Manner of Issue of Invoice Contents of Invoice

More information

1. Scope of work : 2. Payment Terms:

1. Scope of work : 2. Payment Terms: M/s Intelligent Communication Systems India Limited (ICSIL), a joint venture of Telecommunications Consultants India Ltd. (TCIL), A Govt. of India Enterprise under Ministry of Communications & IT and Delhi

More information

SHIPPING INSTRUCTIONS

SHIPPING INSTRUCTIONS SHIPPING INSTRUCTIONS SEMICON SOUTHEAST ASIA 2018 22-24 MAY 2018 MITEC MALAYSIA No part of this document may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, photocopying,

More information

Risk assessment checklist - Purchasing cycle

Risk assessment checklist - Purchasing cycle Check Yes or No or N/A (where not applicable). Where a No is indicated, some action may be required to rectify the situation. Cross-references (e.g., See FN 1.01) point to the relevant policy in the First

More information

FORM - E [see Regulation 5(3)] COURIER BILL OF ENTRY XIV (CBE-XIV) FOR DUTIABLE GOODS (ELECTRONIC FILING)

FORM - E [see Regulation 5(3)] COURIER BILL OF ENTRY XIV (CBE-XIV) FOR DUTIABLE GOODS (ELECTRONIC FILING) FORM - E [see Regulation 5(3)] COURIER BILL OF ENTRY XIV (CBE-XIV) FOR DUTIABLE GOODS (ELECTRONIC FILING) Courier Registration Number (1) Name and address of the Authorized Courier (2) Licence Number IEC

More information

A STRONG TURNAROUND UNDER WAY

A STRONG TURNAROUND UNDER WAY A STRONG TURNAROUND UNDER WAY FTWZs ICD Rail Infrastructure Warehouse Supply Chain Management Abbreviations FTWZ - Free Trade & Warehousing Zone ICD - Inland Container Depot PFT - Private Freight Terminal

More information

Danko LogiSolutions Pvt. Ltd

Danko LogiSolutions Pvt. Ltd Pvt. Ltd Contents Who we are & our mission Danko s Vision What we do? - Solution Offerings Key Clients Danko s Locations Key Business Contacts 2018 Danko LogiSolutions Pvt. Ltd Team Danko! We are a blend

More information

ANNEXURE I OFFER FOR CLEARING THE CARGO OF MMTC - SCHEDULE OF WORK -

ANNEXURE I OFFER FOR CLEARING THE CARGO OF MMTC - SCHEDULE OF WORK - ANNEXURE I OFFER FOR CLEARING THE CARGO OF MMTC - SCHEDULE OF WORK - MMTC imports NF Metals like Tin, Zinc and Lead ingots, Nickel Squares, Silicon etc out of which Tin, Lead and Zinc are packed with steel

More information

Choosing and Using a Freight Forwarder

Choosing and Using a Freight Forwarder Choosing and Using a Freight Forwarder Business Information Factsheet BIF396 January 2017 Introduction The planning and paperwork involved in exporting and importing can be time consuming and complicated.

More information

International Freight Forwarding 101

International Freight Forwarding 101 International Freight Forwarding 101 Presented by Ascent Global Logistics Micah Holst President International Freight Forwarding Intro Who We Are Ascent Global Logistics is a full service global logistics

More information

Aegis Logistics Limited

Aegis Logistics Limited Aegis Logistics Limited Result Presentation Q2 FY16 1 Safe Harbour This presentation and the accompanying slides (the Presentation ), which have been prepared by Aegis Logistics Limited (the Company ),

More information

Zero-rating: 0% FASTAX 6 Jun 2017

Zero-rating: 0% FASTAX 6 Jun 2017 Zero-rating: GST @ 0% FASTAX 6 Jun 2017 1 Zero-rating Zero-rating Goods Services Exports International Services 2 GST is chargeable at 0% No requirement to issue a tax invoice GST Act: Section 21(3)(a)

More information

SHIPPING INSTRUCTIONS FOR CARGO MOVEMENT

SHIPPING INSTRUCTIONS FOR CARGO MOVEMENT MILAHA INTEGRATED MARITIME & LGOSTICS WLL SHIPPING INSTRUCTIONS FOR CARGO MOVEMENT 20 th Sept 24 th Sept 2017 International Hunting & Falcon Exhibhition 2017 77 INTERNATIONAL SHIPPING INSTRUCTION Milaha

More information

R&Y Logistics Pvt. Ltd. relationships in motion...

R&Y Logistics Pvt. Ltd. relationships in motion... R&Y Logistics Pvt. Ltd. relationships in motion... INDEX: Contents Page Nos. About R&Y Logistics 03 Services Cared by R&Y Logistics Pvt. Ltd Consultancy 04 Sea Freight 06 Air Freight 06 Custom Clearance

More information

2007 SYDNEY INTERNATIONAL REGATTA

2007 SYDNEY INTERNATIONAL REGATTA Shipping Guidelines 2007 SYDNEY INTERNATIONAL REGATTA TITLE PAGE 1. Your contact in Australia...2 2. Consignment deadlines...2 3. Consignment instructions...2 4. Quarantine (AQIS) regulations..2 5. Boats

More information

EMPLOYEES STATE INSURANCE CORPORATION ESIC HOSPITAL ANKLESHWAR, DIST. BHARUCH E-TENDER FOR SUPPLY OF POTABLE WATER THROUGH WATER TANKER

EMPLOYEES STATE INSURANCE CORPORATION ESIC HOSPITAL ANKLESHWAR, DIST. BHARUCH E-TENDER FOR SUPPLY OF POTABLE WATER THROUGH WATER TANKER EMPLOYEES STATE INSURANCE CORPORATION ESIC HOSPITAL ANKLESHWAR, DIST. BHARUCH (Ministry of Labour & Employment, Govt. of India) E-TENDER FOR SUPPLY OF POTABLE WATER THROUGH WATER TANKER Page 1 of 8 Important

More information