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freight

manisha (cs) (1118 Points)

18 August 2017

will freight cost incurred in value of supply for charging gst
plz give ans after reading zero percent supply rate in gst
as there it is given freight loading unloading at 0%

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12 Replies

Gaurav (Accountant) (29 Points)
Replied 18 August 2017

ya we will charge 0% tax rate on freight if our supply is fall on 0% tax.

RAMESH D MODI (Proprietor) (4864 Points)
Replied 18 August 2017

yes this is treated as composite supply where the additional supply will be charged at the rate which the principle supply has to be charged.
thus u can also charge the same rate .ie. 0%

manisha (cs) (1118 Points)
Replied 18 August 2017

some are saying freight to be included in sale value invoice raised and gst ti be charged on total bill while other saying freight charges to be shown separetly without gst.
how many of u support theses concept which according to u are correct

manisha (cs) (1118 Points)
Replied 18 August 2017

ramesh d modi my principal supply suppose 18%
then will I charge freight at 18% or exclude it from taxable value and show it separetly without gst.
if I consider composite supply then I hav to charge 18% gst in freight.
plz give logical ans

manisha (cs) (1118 Points)
Replied 18 August 2017

ramesh g please read law properl

RAMESH D MODI (Proprietor) (4864 Points)
Replied 18 August 2017

yes u will have to charge 18% as your principal supply is fallen at that rate.

RAMESH D MODI (Proprietor) (4864 Points)
Replied 18 August 2017

if u charge freight in invoice u will have to charge gst on that at specific rate of principle goods.

RAMESH D MODI (Proprietor) (4864 Points)
Replied 18 August 2017

MANISHAJI,
PLEASE READ SECTION 2(30)
u will understand the fact that i want to explain u.
the definition of composite supply is there.

manisha (cs) (1118 Points)
Replied 18 August 2017

ramesh ji I already know wat is composite supply

manisha (cs) (1118 Points)
Replied 18 August 2017

I am asking if I go through that sec yhen it mean I will charge gst at 18% on freight
but plz read gst service exemption list point 9 which clearly state service intranportation of road cases exempt if donot involve gta or courier

manisha (cs) (1118 Points)
Replied 18 August 2017

freiggt is service nd my case I dont hire gta or courier

manisha (cs) (1118 Points)
Replied 18 August 2017

moreover that exemption list clearly state servIce which was exempted earlier nd still will hold exemption in gst list are given below nd in rhat list written serive if transpiration by road oth