Dear All,
We are a trader and doing one E-1 sales.
Supplier send the material by To-pay basis, we endorse the
LR and sold to Customer. Customer has given the purchase
order for Basic amount and freight amount also. That means
we have to pay the freight and getting the reimbursement
from customer.
In E-1 sales Invoice can we show the freight amount
separtely as freight ? Since the customer need the freight
head should be shown separetly. Or can we raise the
separate debit note for this.
Is it create any tax implifications in E-1?
Please claify the same at the earliest.
regards
Regards
Thananjeyan.P
- 0 Answers
- 2190 Views
- I also Faced
- E-Mail Answers
No Answer is Posted For this Question
Be the First to Post Answer
what is direct incom
we are deducting tds for our clients under section 194C section. exemption under this section is Rs.20000 suppose if a client bills more than Rs.20000, then i have to deduct tds only for above Rs.20000/- bills or from the first bill onwards.please clear me with as example
How many turnover company active TAN no applicable and how many deduction % of service.
Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///
in L & T they asked me about service tax question in which situation when we take service from others & we paid billing amount yet we cant take credit service tax but we paid service tax on behalf of others party.
What is the difference between income year, financial year and FBT year?
10 Answers Accenture, Capital IQ, College School Exams Tests, Genpact,
Define the 'Input Tax' in respect of Service Tax Act. What type of Input tax can be taken for the credit of tax payble?
service tax and vat,both is possible on one item
8 Answers CS Business Services,
is vat applicable on services as well? please describe the services under vat?
how much tax would be deducted and interest can be gained on 15 lakhs by senior citizen?
what is service tax-meaning,rates for 2008-09,heads,procedure of calculating,all form of service tax,ahen service tax filled.complete information about service tax?
How can I calculate Depriciation on Fixed AND CURRENT ASSESTS ?
Audit 
