we supplied product to a party in FY 2011-12 . although the transportation was carried out by a third party, the customer wanted us to charge transportation element in the invoice itself for convenience purpose .no profit was generated out of transportation activity. there is no written agreement of this, howevercustomers PO mentions that we have to transport goods to their premises.
my questions are:
1) are we liable to charge vat on transportation in this scenario?
2) if yes, can we claim vat from customer now?
CAclubindia
