Dear Sir,
I have a question for GST RAte on Local Freight outward & what is the GST rate for it, is it exempt. for Example........
I Sale 10 boxes of Tiles to Consumer XYZ for Rs 500/per box & shows Freight outward @ 250/- for delivery of goods. i.e...........
Tiles - Taxable Amount = 10000/-
SGST @ 14% = 1400/-
CGST @ 14% = 1400/-
Total Amount = 12800/-
Freight outward (Local Auto Freight for delivery of product) = 250/-
Total Bill Amount = 13050/-
is above entry is correct of any GST is also applicable on freight outward @ 250/- & if yes then what %
Please do the needful...........
Yes GST is applicable on freight also. Please refer GST valuation provisions along with rules. I wrote 2 articles on this topic.
GST rate will be similar to rate applicable on your principal supply. In your case you have to charge 28% on freight. CGST - 14%, SGST-14%
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