18 November 2017
Sale Price - 100.00
GST- 12.00
Transport - 20.00
Total- 132.00
Whether any tax liability would arise on transport portion, if seller mention freight in above manner?
18 November 2017
No.... If you add the Transport/Freight/Loading/etc., charges in your sales invoice then you ll calculate tax on the charges based on your principal supplies rate...
Above said way you ll prepare as following
Material Cost - 100 Transport - 20 Sub Total = 120 GST 12% - 14.40 Grand Total = 134.40...