Can freight be added in TAXABLE VALUE or it can be added at last??
Is there a correct method?
3 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 17 May 2018
This type of supply is called composite supply and GST on freight will be charged with the rate charged on main supply. If there are 2 GST rates in invoice go for bifurcation of freight or charge higher tax rate. you don't need to mention HSN code of freight
Mohammed Goryawala
(727 Points)
Replied 17 May 2018
What are the conditions for adding freight in TAXABLE VALUE... Or it can be added last so as to avoid confusion?
VARUN MAHESHWARI
(79 Points)
Replied 17 May 2018
Section 15 deals with valuation of taxable supply, which specifies that all incidental expenses and amount charged for activities done before delivery shall be added in transaction value
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