praveen (Chartered Accountant) (6971 Points)
05 June 2012hi what could be the implications of charging freight in the invoice.
a) Should we pay CST / VAT
b) Should we pay Excise Duty
c) Should we pay Service tax.
My understanding of the same is written in this blogpost please tell me if there is any mistake.
Sonu Kumar
(Account Manager)
(665 Points)
Replied 05 June 2012
We Should Pay Service Tax on it......
praveen
(Chartered Accountant)
(6971 Points)
Replied 05 June 2012
Please tell me if we have to charge freight then why should we pay service tax. Because service tax on transportation of goods by road is chargeable under reverse charge right
Chinmay
(Accounts Professional)
(356 Points)
Replied 07 September 2012
I think you should pay GTA payment on Transporation Expenses instead Freight Charges.
CAclubindia
