31 January 2009
If your material price is quoted as that the goods will be delivered irrespective of the distance then vat is chargeable on the total amount.
If freight charges are shown seperately and it varies from plance to place then you need not charge vat on the same.
01 February 2009
i think vat on freight charges will not be justified. i have seen in vendors bills that they charge transportation charges separetely after levying vat@4%. so i think vat will not be charged.
CAclubindia
