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Former Member
Nov 27, 2008 at 03:06 PM

FREIGHT ISSUE

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Dear All,

I am having Query regarding Freight:

Vendor is sending material (A) on which VAT is applicable

Let us say he sends Qty 1000 @ 10

So BAsic Price is 10000

Vat @ 4% 400

1) So Price inclusive VAT is 10400 Rs

The Freight is Applicable on the MAterial But the thing is that Vendor sends the Bill of 10400 less freight 500 Rs

i.e Net amount payable to Vendor is 9900 Rs

And when the MAterial Comes to Clients Premises then he pays the actual Freight Charges to Transporter Let us say Actual Freight is 550 Rs i.e my client is bearing 50 Rs Loss.

Awaiting for your rreplies

regards

shailesh