Can fright charges be included to calculate vat amount?
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 |
What are allowable and dis-allowable expenditure?
when we buy an assets a vat has been charged, under which head we show this entry according Haryana sales tax act?
What is the difference between the excise duty and the sales tax?
what is sevice tax present rate
23 Answers AP Forest Academy, Capital IQ, Manufacturing, Weather Star,
how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver
In Excise please mention Mandatory file which is to maintained(e.g PLA ;RG1;Rg23)
How to calculate pf, esi, vat, sales tax etc.,
61 Answers Aparna Enterprises, Cap Gemini, Genpact, Gurcharan International, HCL, Pushp Steel, Shriram, TCS,
How do we use C-Form.
What is deffered tax? Explain breifly.
what is the meaning of TDS.AND it will be what percentage.who is supposed to pay TDS.
CAN FILL HARYANA SALE TAX RETURN ONLINE?IF FILL THEN HOW?WHAT IS THE PROCESSORS FOR FILLING HVAT RETURN?
what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?