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
Sale invoice including freight
Replies (2)
Quick Summary
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
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