Can freight be added in TAXABLE VALUE or it can be added at last??
Is there a correct method?
Menu
FREIGHT ADDED IN TAXABLE VALUE
Replies (3)
This type of supply is called composite supply and GST on freight will be charged with the rate charged on main supply. If there are 2 GST rates in invoice go for bifurcation of freight or charge higher tax rate. you don't need to mention HSN code of freight
What are the conditions for adding freight in TAXABLE VALUE... Or it can be added last so as to avoid confusion?
Section 15 deals with valuation of taxable supply, which specifies that all incidental expenses and amount charged for activities done before delivery shall be added in transaction value
Recent Topics :
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
Related Topics :
CAclubindia
