https://www.taxtmi.com/caselaws?id=128218 Freight charges shown separately in an invoice are not automatically excluded from sale price under the Central Sales Tax Act, 1956. The decisive factor is the true contract allocation of freight liability and transit risk: where the transaction is genuinely on f.o.r. destination terms and the seller bears delivery obligations up to destination, freight forms part of the sale consideration and is includible in turnover. Where delivery is complete on loading and the purchaser bears transit risk and freight, the freight is excluded even if the invoice shows an f.o.r. price and the buyer pays the freight. The analysis stresses that contractual terms must be examined before exclusion is claimed. en-us Mon, 30 Oct 2006 00:00:00 +0530 Wed, 19 Mar 2014 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128218 Freight charges shown separately in an invoice are not automatically excluded from sale price under the Central Sales Tax Act, 1956. The decisive factor is the true contract allocation of freight liability and transit risk: where the transaction is genuinely on f.o.r. destination terms and the seller bears delivery obligations up to destination, freight forms part of the sale consideration and is includible in turnover. Where delivery is complete on loading and the purchaser bears transit risk and freight, the freight is excluded even if the invoice shows an f.o.r. price and the buyer pays the freight. The analysis stresses that contractual terms must be examined before exclusion is claimed. Case-Laws VAT and Sales Tax Mon, 30 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128218