GST on freight-In invoice as well as to GTA.
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....ST on freight-In invoice as well as to GTA.<br> Query (Issue) Started By: - Narendra Soni Dated:- 22-6-2017 Last Reply Date:- 23-6-2017 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>Dear Exper....
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....ts, We had supplied FG to customer and charged freight ₹ 15000/-from customer in invoice accordignly we paid GST on total invoice amount. Now Transporter (GTA) is came for payment of freight w....
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....ith LR.We paid the freight to transporter and deposit GST in reverse charge and avail ITC. This would double taxation on freight, i. at the time of supply and at the time of payment to GTA. Fyrther ....
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....ITC is also not available to us for GST paid on freight in invoice. Kindly suggest how to bill so that ITC should be eligible without double tax on freight. Reply By Ganeshan Kalyani: The Reply: If....
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.... freight is borne by supplier then it shall be added to the value of goods on the face of invoice and tax would be levied at the rate applicable for the taxable goods. It means supplier will end up pa....
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....ying more than 5%. Thus it is advisable to ask customer to pay freight amount. However other terms between supplier and customer need to be taken into consideration.<br> Discussion Forum - Knowledge S....
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....haring ....