11 Replies Latest reply: May 20, 2011 1:54 PM by Bazhir Alimohammed RSS

VAT calculation on Freight charge

Bazhir Alimohammed
Currently Being Moderated

Hi

 

I have an issue related to VAT calculation on Freight Charge.IN normal case the Freight charge is not included for VAT

calculation. Is there any option to include Freight Charge also for VAT calculation.

Say base amount 1000, ED 10%-100,Edu cess 2% -2, High sec.cess 1 %- 1,subtotal -1103, in normal case vat 12.5 is

calculated on 1103, but my requirement is to calculate VAT on (Subtotal -1103+ freight charge- 200) ie 1303.

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