One of our vendor has raised Sales Invoice on us in which he included the freight charges. And on net amount he charged VAT ?
As per our Purchase Order terms freight is on our account.
Shall we book the invoice with full amount?
Thnx
Amit
1 Replies
Sanjeev Kumar
(Private)
(895 Points)
Replied 22 March 2009
if freight charged seperatly in the invoice then VAT is not leviable on cost of freight.....
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