Goods and Services Tax – Started By: – VIVEK SHARMA – Dated:- 26-7-2017 Last Replied Date:- 26-7-2017 – We are EPC contrcators and Purchase material from manufacturer. Then we sell the same to our customer.For example, I had placed PO on Cables Manufacturer before GST was implemented. The PO components were as following:1. Ex-Works Value2. Excise Duty @12.5%3. CST@1%4. Freight Including any applicable taxNow, after GST implementation, ED & CST have been abolished and shall be replaced by GST@18%. The question is that 18% shall be charged only on Ex-works value or Ex Works+Freight? If this 18% is to be charged only on Ex-works value, then how much GST rate is applicable on freight value. As far as my knowledge goes, I need to amend the
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