on 05-27-2009 7:13 AM
HI GURUS
HAS ANY ONE HEARD OF THIS CONCEPT
CAPTURING OF SERVICE TAX UNDER FREIGHT*
I HAVE NO IDEA WHAT IT MEANS
HELP ME OUT
RAGARDS
RAVI
Hello
What do you mean by under freight. Do you mean service tax will be applicable on the freight charges???
Regards
Prashant Ranalkar
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it means , u need to pay a service tax for the transportation. IT will happen normally for transportation module.
A frieght vendor will be there , he transport goods for a cost of 300/ km and 12% service tax.
calculated in tranportation shipment cost in transportaion module. In normal process also we can do it againsta freight vendor . make it it a cdn type for a frieght vendor ( combined price + service tax).and can bill it.
regards
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