VAT calculation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2011
Original Sales Price XXX
Add:- Excise & etc XXX
Add:- Other charges XXX
(eg. installation
Charges)
Total (A) XXX
Less:- Cash discount (XXX)
Less:- Transport (XXX)
charges
Balance (B) XXX
Question
1)Should VAT be calculated on figure B
2) Should we charge VAT on other charges like installtion also.
Add:- Excise & etc XXX
Add:- Other charges XXX
(eg. installation
Charges)
Total (A) XXX
Less:- Cash discount (XXX)
Less:- Transport (XXX)
charges
Balance (B) XXX
Question
1)Should VAT be calculated on figure B
2) Should we charge VAT on other charges like installtion also.
21 February 2011
VAT will be charged on total invoice price.Installation is a contract / service vat not applicable ......
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?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- Confusion around Form 26QB fields
- 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?
- Query for dubts
Trending Online Classes
CAclubindia
