Gst need to charged on fright charges.
This query is : Resolved
24 July 2017
1.is gst need to be charged on fright, charged in sales.
2.how to pass the jounal entry for puchases.
Eg. Puchses X good 1000
Fright charges 100
CGST-66 @6%
SGCT-66 @6%
Journal entry for this.
Note: In the said gst amount gst on fright charges is included
2.how to pass the jounal entry for puchases.
Eg. Puchses X good 1000
Fright charges 100
CGST-66 @6%
SGCT-66 @6%
Journal entry for this.
Note: In the said gst amount gst on fright charges is included
24 July 2017
1. Yes. You can add your invoice for the freight charges then you ll be calculate tax on freight
2. Yes Your correct entry passed.
Dr. Purchase A/c (X good) - Rs.1000
Dr. Freigt A/c - Rs. 100
Dr. CGST A/c - Rs. 66
Dr. SGST A/c - Rs. 66
Cr. Supplier A/c - Rs. 1232
2. Yes Your correct entry passed.
Dr. Purchase A/c (X good) - Rs.1000
Dr. Freigt A/c - Rs. 100
Dr. CGST A/c - Rs. 66
Dr. SGST A/c - Rs. 66
Cr. Supplier A/c - Rs. 1232
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