Which option is best for development charges
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 October 2011
Scenerio Analysis for development cost for all packaging artwork and die development to M/s.V
Description:- Development charges for packaging artwork and dies development for the new MRP's for the product manufactured in M/s.C
Development Charges
Scenerio 1 Scenerio 2
M/s.G to M/s.C Step 1:- M/s. G to M/s. V Step2 :- M/s. G to M/s. C
Option 1 Option 2 Step 1
Description :- Invoice raised as tooling & development charges Description :- Invoice raised as labour charges Description :- Invoice raised as tooling & development charges
Transaction Details Transaction Details Transaction Details
Basic:- 3,55,808/- Basic:- 363069.38/-(Basic +2% added TDS) Basic:- 3,55,808/-
+ Excise :-5.15% -TDS:- 2% + Excise :-5.15%
+CST:- 2% Against C form +Vat:- 5%
Point to be considered Point to be considered Point to be considered
2 % CST loss in the transaction No CST Loss Excise and Vat Credit will be taken by M/s.C
Step 1
Option 1 Option 2
Description :- Invoice raised as tooling & development charges Description :- Invoice raised as labour charges
Transaction Details Transaction Details
Basic:- 3,55,808/- Basic:- 363069.38/-(Basic +2% added TDS)
+ Excise :-5.15% -TDS:- 2%
+CST:- 2% Against C form
Point to be considered Point to be considered
2 % CST loss in the transaction No CST Loss
Description:- Development charges for packaging artwork and dies development for the new MRP's for the product manufactured in M/s.C
Development Charges
Scenerio 1 Scenerio 2
M/s.G to M/s.C Step 1:- M/s. G to M/s. V Step2 :- M/s. G to M/s. C
Option 1 Option 2 Step 1
Description :- Invoice raised as tooling & development charges Description :- Invoice raised as labour charges Description :- Invoice raised as tooling & development charges
Transaction Details Transaction Details Transaction Details
Basic:- 3,55,808/- Basic:- 363069.38/-(Basic +2% added TDS) Basic:- 3,55,808/-
+ Excise :-5.15% -TDS:- 2% + Excise :-5.15%
+CST:- 2% Against C form +Vat:- 5%
Point to be considered Point to be considered Point to be considered
2 % CST loss in the transaction No CST Loss Excise and Vat Credit will be taken by M/s.C
Step 1
Option 1 Option 2
Description :- Invoice raised as tooling & development charges Description :- Invoice raised as labour charges
Transaction Details Transaction Details
Basic:- 3,55,808/- Basic:- 363069.38/-(Basic +2% added TDS)
+ Excise :-5.15% -TDS:- 2%
+CST:- 2% Against C form
Point to be considered Point to be considered
2 % CST loss in the transaction No CST Loss
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 October 2011
Scenerio Analysis for development cost for all packaging artwork and die development to M/s.V
Description:- Development charges for packaging artwork and dies development for the new MRP's for the product manufactured in M/s.C
Development Charges
Scenerio 1 Scenerio 2
M/s.G to M/s.C Step 1:- M/s. G to M/s. V Step2 :- M/s. G to M/s. C
Option 1 Option 2 Step 1
Description :- Invoice raised as tooling & development charges Description :- Invoice raised as labour charges Description :- Invoice raised as tooling & development charges
Transaction Details Transaction Details Transaction Details
Basic:- 3,55,808/- Basic:- 363069.38/-(Basic +2% added TDS) Basic:- 3,55,808/-
+ Excise :-5.15% -TDS:- 2% + Excise :-5.15%
+CST:- 2% Against C form +Vat:- 5%
Point to be considered Point to be considered Point to be considered
2 % CST loss in the transaction No CST Loss Excise and Vat Credit will be taken by M/s.C
Step 1
Option 1 Option 2
Description :- Invoice raised as tooling & development charges Description :- Invoice raised as labour charges
Transaction Details Transaction Details
Basic:- 3,55,808/- Basic:- 363069.38/-(Basic +2% added TDS)
+ Excise :-5.15% -TDS:- 2%
+CST:- 2% Against C form
Point to be considered Point to be considered
2 % CST loss in the transaction No CST Loss
Description:- Development charges for packaging artwork and dies development for the new MRP's for the product manufactured in M/s.C
Development Charges
Scenerio 1 Scenerio 2
M/s.G to M/s.C Step 1:- M/s. G to M/s. V Step2 :- M/s. G to M/s. C
Option 1 Option 2 Step 1
Description :- Invoice raised as tooling & development charges Description :- Invoice raised as labour charges Description :- Invoice raised as tooling & development charges
Transaction Details Transaction Details Transaction Details
Basic:- 3,55,808/- Basic:- 363069.38/-(Basic +2% added TDS) Basic:- 3,55,808/-
+ Excise :-5.15% -TDS:- 2% + Excise :-5.15%
+CST:- 2% Against C form +Vat:- 5%
Point to be considered Point to be considered Point to be considered
2 % CST loss in the transaction No CST Loss Excise and Vat Credit will be taken by M/s.C
Step 1
Option 1 Option 2
Description :- Invoice raised as tooling & development charges Description :- Invoice raised as labour charges
Transaction Details Transaction Details
Basic:- 3,55,808/- Basic:- 363069.38/-(Basic +2% added TDS)
+ Excise :-5.15% -TDS:- 2%
+CST:- 2% Against C form
Point to be considered Point to be considered
2 % CST loss in the transaction No CST Loss
03 August 2025
https://docs.google.com/document/d/13gV62QRCgASJiouHBggFxWpn5U3lzEigDpcQqPc8WuE/edit?usp=sharing
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