Anon
watch_later 13/07/17
We are the manufacturer of High carbon Ferro Chrome and its applicable GST rate is 18%. We are paid by the party Rs. 5000 per M.T.The cost of the material is Rs. 70000 per M.T. The contract speaks about F.O.R delivery. Kindly suggest how to make sale invoice.
You can show freight separately in invoice or charge it to the cost of material. It does not make any difference as far as rate of tax and total tax impact is concerned.
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