Ivoice

This query is : Resolved 

21 June 2010 Dear All,

Suppose I am purchasing a Chair of Rs 5000 and they are charging Rs 500 as Delivery Charges on the Invoice. The VAT rate on chair is 12.5%. So VAT will be calculated on Rs 5000 or Rs 5500.

Please Advice

21 June 2010 Vat will be calculated on Rs.5000/-

21 June 2010 ATTN MR. LATH JI,

VAT WILL BE CHARGE ON RS. 5000/-
REGARDS,

21 June 2010 Freight Charges will be shown below the Vat Charges.
i.e Vat on value of chair only.


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