Can Any one clarify, " Vendor has cahrged CST on freight amount. " Is this payable to vendor.
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CST on Freight
Replies (5)
I dont think CST is to be levied on freight charges. CST is only on the product cost and not on freight. However, VAT shall be levied in case of sale within the state on freight also as per the Karnataka VAT Act. Hope is the same in all the states.
agreed with Mr. Praveen
Definition of "sale price" under CST act excludes freight charges if the same is charged seperately in the Invoice.
So if the supplier showing the freight amount seperately in the invoice than CST is not applicable and hence need not to be paid.
Regards
Dayananda
all are right
| Originally posted by : DAYANANDA K N | ||
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Definition of "sale price" under CST act excludes freight charges if the same is charged seperately in the Invoice. So if the supplier showing the freight amount seperately in the invoice than CST is not applicable and hence need not to be paid. Regards Dayananda |
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agreed
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