How to charge Freight on tax Invoice?
Basic Amt - 100, GST - 18%, Freight - 8%
So Freight will charge on total value or basic value?
Menu
Freight will charge on what?
Replies (5)
Quick Summary
Usually it would mean 8% of basic value.
That is, Basic 100, Freight 8, GST on 118
Yes GST on 108
If the freight mentioned on the bill then the GST rate should be applicable the rate of principal goods on bill.
(Reference Section 8 , Composit supply)
(Reference Section 8 , Composit supply)
Freight should be charged on 100 rupees
| Originally posted by : CMA Poornima Madhava | ||
 |
Usually it would mean 8% of basic value. That is, Basic 100, Freight 8, GST on 118 |
 |
GST on 108 (typo!)
Recent Topics :
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
- TDS payment code query
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
Related Topics :
CAclubindia
