Fright charges payable the customer

682 views 1 replies

Hello Friends

My company saled the networking rack. sales bill prepared is product cost, fright charges and vat .prepared the sale bill but my dout is fright charges is creation incoming or outgoing please clarifed the doute.

Example:

Product cost is                                   1,45,000.00

Fright charges                                          2500.00

Out Put vat @ 4%                                     5900.00

Total   is                                              1,53,400.00

But Fright charges is which side creation Please.....................

GOREDDY

Replies (1)

Dear Reddy

Freight charges is incoming, because u r making a sales invoice and debiting the freight charges to your debtor, therefore freight charegs automaticaly reflect in credit side of your expense account

Also u can rais saprate debit note for freight so that it will help to save the VAT on it.

shantanu9971128052


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details