VAT applicability on Freight
This query is : Resolved
10 March 2009
One of our vendor has raised Sales Invoice on us in which he included the freight charges. And on net amount he charged VAT ?
As per our Purchase Order terms freight is on our account.
Shall we book the invoice with full amount?
Thnx
Amit
One of our vendor has raised Sales Invoice on us in which he included the freight charges. And on net amount he charged VAT ?
As per our Purchase Order terms freight is on our account.
Shall we book the invoice with full amount?
Thnx
Amit
15 March 2009
YES
16 March 2009
Dear Sir
But is it true that vat is applied on freight charges also ?
Kindly advise
Amit
But is it true that vat is applied on freight charges also ?
Kindly advise
Amit
01 June 2009
Yes, go thru the defination of "Value of goods" under sec 2.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Confusion around Form 26QB fields
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- Should I report my US salary for January, February, March in Schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
