Gta on freight
This query is : Resolved
15 July 2017
one of our supplier charge a freight charges Rs. 2500 along with material then calculate the SGST and CGST @ 18 % . on gross invoice value.
now question is we have to tax 5 % GTA on those freight charges rs. 2500 .
and we have to show freight charges in separate head ?
now question is we have to tax 5 % GTA on those freight charges rs. 2500 .
and we have to show freight charges in separate head ?
CA S K MISHRA
(Expert)
15 July 2017
As Per Sec 15 of CGST Act 2017, Value of Supply for GST purpose includes taxes, duties, packing, transportation, incidental exp. etc.Further, if the transportation of material was within the scope of supplier, it will be treated as Composite Supply. As such GST rate of principal item will be applicable i.e 18%
CA S K MISHRA
(Expert)
17 July 2017
Person who makes payment directly to GTA will GST of 5%
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