22 February 2018
Hi we are Haryana registered company and purchasing material (wood) from New Delhi. In some bills suppliers are charging 28% on freight as levied on material and some are charging 18% GST on freight and some are charging 5% GST on freight while making sale Invoice. So how we will treat the same in our books of accounts.
22 February 2018
You need to do the normal accounting and can claim input credit of the gst paid on all these bills. But do ensure that these bills should be that of your material vendor and not of GTA service provider. Otherwise it will be your liability to pay the GST on GTA service on reverse charge basis
Querist :
Anonymous
Querist :
Anonymous
(Querist)
22 February 2018
Thanks for your reply As per you i need to book the IGST on freight as per mention in invoice which can be 28% of freight or 18% of freight or 5% of freight
22 February 2018
as i told you in advance, if the GTA is providing these services then you need to pay GST on reverse charge basis otherwise you can book the same in your books
CAclubindia
