will freight cost incurred in value of supply for charging gst
plz give ans after reading zero percent supply rate in gst
as there it is given freight loading unloading at 0%
12 Replies
Gaurav
(Accountant)
(29 Points)
Replied 18 August 2017
ya we will charge 0% tax rate on freight if our supply is fall on 0% tax.
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 18 August 2017
yes this is treated as composite supply where the additional supply will be charged at the rate which the principle supply has to be charged.
thus u can also charge the same rate .ie. 0%
thus u can also charge the same rate .ie. 0%
manisha
(cs)
(1118 Points)
Replied 18 August 2017
some are saying freight to be included in sale value invoice raised and gst ti be charged on total bill while other saying freight charges to be shown separetly without gst.
how many of u support theses concept which according to u are correct
how many of u support theses concept which according to u are correct
manisha
(cs)
(1118 Points)
Replied 18 August 2017
ramesh d modi my principal supply suppose 18%
then will I charge freight at 18% or exclude it from taxable value and show it separetly without gst.
if I consider composite supply then I hav to charge 18% gst in freight.
plz give logical ans
then will I charge freight at 18% or exclude it from taxable value and show it separetly without gst.
if I consider composite supply then I hav to charge 18% gst in freight.
plz give logical ans
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 18 August 2017
yes u will have to charge 18% as your principal supply is fallen at that rate.
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 18 August 2017
if u charge freight in invoice u will have to charge gst on that at specific rate of principle goods.
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 18 August 2017
MANISHAJI,
PLEASE READ SECTION 2(30)
u will understand the fact that i want to explain u.
the definition of composite supply is there.
PLEASE READ SECTION 2(30)
u will understand the fact that i want to explain u.
the definition of composite supply is there.
manisha
(cs)
(1118 Points)
Replied 18 August 2017
I am asking if I go through that sec yhen it mean I will charge gst at 18% on freight
but plz read gst service exemption list point 9 which clearly state service intranportation of road cases exempt if donot involve gta or courier
but plz read gst service exemption list point 9 which clearly state service intranportation of road cases exempt if donot involve gta or courier
manisha
(cs)
(1118 Points)
Replied 18 August 2017
freiggt is service nd my case I dont hire gta or courier
manisha
(cs)
(1118 Points)
Replied 18 August 2017
moreover that exemption list clearly state servIce which was exempted earlier nd still will hold exemption in gst list are given below nd in rhat list written serive if transpiration by road oth
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