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Can fright charges be included to calculate vat amount?

Answers were Sorted based on User's Feedback



Can fright charges be included to calculate vat amount?..

Answer / m.l.v

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

Can fright charges be included to calculate vat amount?..

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

Can fright charges be included to calculate vat amount?..

Answer / deblina chakraborty

Is freight is chargeable to VAT.

Is This Answer Correct ?    5 Yes 2 No

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