TaxTMI 
TaxTMI 
GST on freight charges
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....ST on freight charges<br> Query (Issue) Started By: - NAUSHERAWAN SM Dated:- 20-7-2017 Last Reply Date:- 23-7-2017 Goods and Services Tax - GST<br>Got 7 Replies<br>GST<br>Let me know whether freight charges shown seperately in tax invoices will be part of taxable Turn over for calculation of GST/IGST Reply By HimansuSekhar Sha: The Reply: Yes, it will be added to the value Reply By ashwin kumar....
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....: The Reply: yes, it is composite supply. Reply By THYAGARAJAN KALYANASUNDARAM: The Reply: Dear expert, Then what HSN should mention in the invoice against the freight and please clarify the following situation. Situation 1. If I'm supplying goods single products and charging freight/packing and forwarding / delivery charges separately. Situation 2. If I'm supplying two differen....
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....t products with same rate of tax but two different hsn and charging consolidated freight / packing and forwarding /delivery charges separately. Situation 3. If I'm supplying two different products with different rate of tax with hsn and charging consolidated freight / packing and forwarding / delivery charges separately. Thanks in advance. Reply By MUKUND THAKKAR: The Reply: freight ch....
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....arges are not goods or services so need not require to mention Hsn code . HSN code for services and Goods only. freight charges and packing charges are Naturally in cost of entire supply of goods or services. supplier just showing is Separately as per terms and condition of purchase order. Reply By HimansuSekhar Sha: The Reply: Recently the FAQ released has clarified the issue, the freight will....
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.... be apart of the value. Regarding the apportionment of the value between the products so as to charge the rates which are different, my view is, the freight value will be devided on the basis of the value of the products carried. It is through the residual method. Other experts may clarify the issue. Reply By Ganeshan Kalyani: The Reply: Freight is liable to GST at the rate applicable to materia....
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....l if the component of freight is shown on the face of the invoice. As regard rate applicability i am of the view that freight should be propotionate to the material and accordingly gst is payable. Reply By vk agarwal: The Reply: agree with mr kalyani<br> Discussion Forum - Knowledge Sharing ....