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party charged gst on goods and freight in bill can we take input credit on freight...or asked to party give us debit note for freight
Replies (10)
ITC can be taken on the whole invoice.
I newly joined company and accountant say we are not take itc on freight...I don't know how we can only take half itc
If the purchaser give you itc on it then you have to take it but the purchaser is not mentioned it in gst portal then it's not useful to take itc on freight or transport charges
He mentioned gst on freight in bill surely he mentioned in portal
It's depend on you how to take it. take it as freight charges or added in total taxable amt
@ Mr SUMIT BADYAL.,
If supplier charge GST in freight then You can claim ITC...
No more problem...
Suplier can be file Taxable value in GSTR 1 return as Material + Freight...
If supplier charge GST in freight then You can claim ITC...
No more problem...
Suplier can be file Taxable value in GSTR 1 return as Material + Freight...
Ok sir but in such cases supplier only mentioned taxable values included with freight charges
then what should we do?
then what should we do?
Kahn the @ Raja sir
What should we do?
- No problem accounting in buyer's books...
Buyer can be account separately for the goods value and freight value. Also they can account both under goods value. Bcoz, it's including for the supply...
- No problem accounting in buyer's books...
Buyer can be account separately for the goods value and freight value. Also they can account both under goods value. Bcoz, it's including for the supply...
Dear Sumit
Can claim ITC on freight charged in Bill.
(Note on debit note for freight also can claim ITC )
Can claim ITC on freight charged in Bill.
(Note on debit note for freight also can claim ITC )
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