Interested to Buy Any Domain ? << Click Here >> for more details...
Can fright charges be included to calculate vat amount?
- 3 Answers
- 10629 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
yes , freight is chargeable for vat , if invoice is made
without vat of freight and freight is shown in invoice i.e
amount of goods + vat= total amount+freight =grand total
while you assesement will took place you will have to pay.
so while raising invoice freight should be included and
calculation of vat should be= Total amount of
material+freight +vat of material and freight. if you are
not doing so you will have to pay vat on freight on assesment.
| Is This Answer Correct ? | 13 Yes | 1 No |
Answer / bharat
no because vat is a type of value addition tax.
freight is not included in value addition.
| Is This Answer Correct ? | 12 Yes | 5 No |
How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?
i received annual inncentive received with deduction of TDS from My suplier. Total amount 100000/- Inncentive.Rs.90000/- Tds Rs.10000/- how to take entry in my books.
For what Purpose we should pay Profession Tax? After paying Profession Tax we can get benefit for personnel return filling? If Yes? than where?
what is excise duty tax
if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally
is WCT TDS should deducted on gross value (basic+service tax)?
We have recd. work contract at Karnataka, now i want to know what is the WCT tax structure in Karnataka under regular Method and composition method, Is there Interstate purchase & Branch stock transfer allowed under composition scheme? How to calculate VAT liability under Regular Method and composition method. Which scheme is beneficial for us?
How can deduct tds from auction cases (timber)
what is central excise tax
certificate of export is for which items?
in excsie what is the function of PLA register?
what is full rate fo tax for non submission of C forms
Audit 
