Is Frieght paid on outward supplies liable to tax
This query is : Resolved
15 February 2023
Dear sir/s, Is Freight paid on outward supplies liable to tax, if sent by engaging a goods vehicle directly to recipients
15 February 2023
Transportation charged to recipients along with sale of goods will be considered as composite supply and such transportation charges will be taxable at the same rates as that of goods
16 February 2023
Sir, in this case transportation not charged separately, but seller at his scope delivered the goods, not collected or claimed on the buyer, where as GST audit authority asking to pay tax on expenditure as per profit & loss statement is it correct
16 February 2023
Yes then if it is freight expenses borne by you whether in sale or purchase you will have to pay RCM
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
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- 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
