Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Goods and Services Tax - GST This

A Public Forum.
Acknowledging the Value of Experts.

Contribute Your Wisdom, Shape the Future.
Let Your Experience Guide Others

Submit new Issue / Query     My IssuesMy Replies
A free service.
You may submit an issue for brainstorming also.

GST Rate for freight & insurance, Goods and Services Tax - GST

Issue Id: - 112142
Dated: 23-6-2017
By:- piyush agarwal

GST Rate for freight & insurance


  • Contents

I am manufacturer I am billing in single invoice

Product@12% ₹ 50000

Product@%18% ₹ 20000

Product@ 28% ₹ 10000

Freight ₹ 10000

Insurance ₹ 2000

Total 92000

Transactions is FOR.

Now my question is what rate I will charge for freight and insurance? Or I will charge 28% on entire 92000? Or I will charge 18% on freight insurance.?.it's a composite supply?

What will happen if I collect actual Freight from customer?

What will happen if i collect freight above actual?

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 11-8-2017
By:- KIRTIKUMAR PUROHIT

In your case; you have to charged higher rate 28% on freight and Insurance.ITC will be available to your recipient.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates