if in single invoice goods + transportation charges then
Gst charged 18% for goods & 5% for transportation
Right?
And buyer can't get their itc of transport and he can get itc of goods right?
Menu
Goods plus transportation
Replies (2)
Your core activity is not transport service. Hence you can not charge Transportation charges @ 5%.
Your core activity is selling goods. You have charge Like this
Cost of the product x GST Rate 18%
Transporation charges X GST Rate of above product 18%
Then buyer can get credit of transportation of gst that is 18%???
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
