Hi All,
Can we charges VAT & Service tax in the same invoice ?
ex - We sell VAT commodity goods to customer RS.5000.00 and charging Agency Charges 1000/- for fixing and Transportation/Freight 1000.00 in this case can we charge VAT on Rs. 5000/ and ST on Rs.2000.00 in the same Invoice.
Please clarify the same.
Yes, you can charge VAT &Service TAx on the same invoice. Mention both ST Reg no. & TIN no. on the Invoice. Please charge ST only on Agency charges, for freight don't charge
Hi Harsha,
Why we should not charge ST on Transportation/Freight as it is not actual reimbursement it carries profit .
Can we include Transporation/Freight on assessable Value of commodity and charge Karnataka VAT ?
First of all the vat is calculated for all added items in a sale invoice including freight and service charges etc. It is better to raise seperate invoice for service charges alone (not freight) and you can get vat benefit to that extend.
regrds
S Periasamy
Hello sir/madam,
This is to inform you that we are going to incorporate LLP firm regarding Taxation & Accounts Writting, so anyone can explain our following queries:-
1) What is procedure for getting service tax practitioner letter
2) What is procedure for getting Sales Tax practitioner letter
3) What is procedure for getting Income Tax practitioner letter
4) What is procedure for getting PF , ESIC practitioner letter
Please send me asap our queries solutions on below e-mail ID
mani.lingayat @ gmail.com
Regards,
Manish Lingayat
9220842572
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Dear friends
Can anyone please send the copy of any invoice in which both are taxes there.
my id is ankit02gupta02 @ gmail.com or ankitgupta02 @ live.com
Thanks in advance.
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