Sales tax calculation issue

VAT (Legacy) 424 views 1 replies

Hello Sir,

we have been selling our product in our company for 2 years and have been seprately mentioning the product price and the transport price on our invoice.

Please tell on which amount are we suppose to pay sales tax on ? only on the product price or the clubbed amount of product price and transport amount ?

thanks

Saras Singh 

 

 

 

Replies (1)

@ saras singh

Sales tax is to be paid only on the product price after discount allowed in the bill (if any), not on the clubbed price with transport.

 

Regards

Piyush Tanwar (Semi Qualified CA)

Mobile - 9717468521

Email - capiyushtanwar91 @ gmail.com


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