Karnataka VAT
This query is : Resolved
29 October 2010
Dear Experts
Should suppliers charge VAT (Karnataka VAT) on freight amount charged/added in his material bill?
if yes, please also inform the relevant circular no. if any.
Should suppliers charge VAT (Karnataka VAT) on freight amount charged/added in his material bill?
if yes, please also inform the relevant circular no. if any.
29 October 2010
In all the states , if VAT is charged on bill , VAT will be applicable. VAT is charged on invoice value what ever.
Message likes :
1 times
31 October 2010
VAT is charged on sales as defined in the Sale of Goods Act which presently includes works contract If freight is added to the value of the goods sold as per the bill/invoice then VAT will apply.It is advisable not to include freight in the bill/invoice and to charge it separately to avoid the confusion
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Under construction property in ITR
- Section 194JA & JB Income which ITR Form to use
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- Not able to file ITR
- Presumptive income under Income tax act 2025
- Rental income of jointly held property
- Regarding ITR filing with more value than showing in AIS/TIS
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
