Value of Supply - Urgent

This query is : Resolved

Pragati Sharma (Querist)
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19 January 2021 A trader is selling goods at Rs. 4500 per ton to its customers. He makes GST invoice with HSN of goods of Rs. 4500+taxes and files GST returns. Rate of tax 18%

Later on, it was found that the actual value of goods was Rs. 2500 and Rs. 2000 was freight charges because goods were delivered by the supplier at customer's place. Rate of tax = 18%.

Whether it is mandatory to present freight charges separately on the invoice under different HSN although the tax rate will be same 18% for freight?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 January 2021 Not mandatory as there is no tax rate difference.

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