we are a manufacturing concern,WHAT IF I SUPPLY A CONSIGNMENT WITH COST OF TRANSPORTATION INCLUDED IN SELLING PRICE AND SINCE GOODS ARE BEING TRANSPORTED /SUPPLIED THROUGH SELF OWNED COMMERCIAL VEHICLE , WE ARE NOT TO PAY ANY FRIGHT SEPARATELY TO ANYONE , Transport vehicle in owned in company name , where as running and maintenance expenses are born by the company itself,AND NO GR/BILTY is maintained or attached with the BILL OF SUPPLIES/INVOICE.
EXAMPLE:
WE SOLD 10 UNITS FOR 2000/- AND CHARGED 18% GST ON 2000/-, Therefore the Total amount of invoice will be 2360/-., whereas terms of delivery are RATES F.O.R Consignee shop
PLEASE CLARIFY TOTAL GST LIABILITY in above case
Raman Rohilla
9316101908
Yes,
one can include the forwarding expenses in the cost of the material, since it is also chargeable to GST, thus anything after charging the GST cannot be added to the value of the Invoice.
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