pawan tewari ( ) (544 Points)
31 December 2012cost of leather good is 1500 vat @ 13.5%
cost of packing box is 150 vat @ 4%
my question is :
while preparing bill for customer what shall be treatment of box ie., how it shall be reflected in bill . If vat @ 13.5% shall be charged on packing box or a seperate billing shall be done . Pls reply ASAP
CA Gaurav Ajit Potdar
(Chartered Accountant)
(846 Points)
Replied 31 December 2012
In a single bill it should be shown seperately
Leather good XX
Packing box XX
Vat on LG XX
Vat on PB XX
Total XX
CAclubindia
