Other coloum in e sugam

Others 501 views 1 replies

Dinesh S Patel

Manager

30 Points Joined October 2011

i am raising invoice as per below

Sale Amount : Rs. 10000 +Transport: Rs. 1000 = Total Rs.11000. now as per local LVO they say that taxable amount is 11,000. pls clarify me that should i collect tax on the transportation (As per Karnataka VAT)

and when iam filling e-sugam what value to be entered in Taxable Value coloum and Other coloum.

Replies (1)

Rajesh M Patel

CA Student

54 Points Joined July 2013

Vat will be calculated on value of goods sold i.e 10000 and not on transportation value and transportation value is entered in others column. read the meaning of goods as per VAT act