Is VAT & CST should be charged on Freight charges or not.
Answer Posted / suman
If the Freight is included in Invoice we need to pay VAT. If it possible to find Seperatly freight charges, no need to pay VAT or CST. Only Service Tax is to pay. Now VAT is 4% and Service Tax is 10.3% to get benfit of Tax, all Traders are computing VAT on freight.
strictly speaking Service Tax is applicable to Freight. No CST or VAT
Is This Answer Correct ? | 23 Yes | 14 No |
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