Sale invoice including freight

If a supplier includes freight in sales bill Example
Goods Taxable Value Rs. 90/-
Freight. Rs. 10/-
GST (12%) 12/-

Now what will be the Sales Turnover 90/- or 100/- to be shown in Tax Audit Report to calculate the Gross Profit/Net Profit
Replies (2)
Quick Summary
This discussion clarifies how to calculate sales turnover when freight charges are included on a sales invoice. The consensus is that the total amount, including freight, should be considered the sales turnover for reporting purposes, ensuring consistency across GST and Income Tax Return (ITR) filings. This approach reflects that sales are intrinsically linked to the freight cost.

Since, sales couldn't have been made without freight..sales= 100 so show 100 in TAR
Make sure that GST & ITR turnover both are same

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register