PACKING CHARGES, VAT + CST

[SANJEEV VERMA]

I AM REGISTERED IN DELHI & THIS AMOUNT OF GOODS SOLD IN PUNJAB

 

GOODS VALUE 500000/-

PACKING CHARGES 10000/-

 

TOTAL 510000/-

 

WHICH AMOUNT POSTED IN ACCOUNT AS CENTRAL SALE 500000/- OR 510000/-

Posts / Replies

[Pradeep Khatri]

Taxable amount would be 510000/-  as the definition of the sales price includes any sum charged for anything done by the dealer in respect of goods at the time of, or before, the delivery thereof;

[SANJEEV VERMA]

DEAR PRADEEP JI,

THANKS FOR REPLY,

 

IF THE DEALER PAID FREIGHT CHARGES IT WILL BE POSTED IN SALE.

 

AT THE TIME OF ASSESSMENT SALES TAX OFFICE ASK US HOW CAN U RAISE YOUR TURNOVER WITH THIS EXP.

[JAYARAMAN RAMAMURTHY]

There are two kinds of Packing Charges.

 

1. Primary  - Without this packing, materials should not be sold – eg. Beverages.  – For this packing charges should be treated as Taxable Turnover.
2. Secondary  - This is used for used for transporting the material – eg. Carton box etc.  – For this packing charges should not be treated as Taxable T/O.

FYI pls.

 

Regards

DCJ

[r.rajkumar kumar]

rs/ 510000-inclusive of packing charges.