We have cleared Goods through GATI to our customers. By oversight we have not charges freight charges (GATI) in our sales invoice. now we have to raise separate debit note to customer.
Kindly let us know we have to consider Gross value ( Taxable + GST) of GATI invoice and charge GST on that amount in our Debit Note since we have to avail GST input credit on same ( GATI ) invoice. OR
we have to consider Net Taxable value of GATI invoice and charge GST on that amount in our debit note.
Seeking Advice on GST Application for Freight Charges Not in Original Invoice: Gross or Net Taxable Value? A discussion on a forum addresses a query regarding the application of GST on freight charges not included in the original sales invoice. The individual seeks advice on whether to issue a debit note based on the gross or net taxable value of the GATI invoice to avail GST input credit. One response suggests paying GST on the debit note amount if GST was already paid on the original invoice. Another advises charging the basic amount incurred for freight, with GST applied to that amount, aligning with commercial agreements. A third response agrees with this approach. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
