Sales price 100₹
TCS 1%
GST 18%
How much collect from customer?
Sales price 100₹
TCS 1%
Excise 18%
How much collect from customer?
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Assessable Value
Replies (5)
Sale Price Rs . 100
GST 18% - Rs 18
Total Rs 118....
TCS will be collect @ 1% - Rs. 1.18
Total amunt Recevable Rs. 119.18
Isn't it cascading effect?
| Originally posted by : Shakir Ravjani | ||
 |
Isn't it cascading effect? |  |
TCS will be collect on Total Invoice value with Tax Values...
| Originally posted by : Shakir Ravjani | ||
|
Sales price 100₹ TCS 1% GST 18%
How much collect from customer?
Sales price 100₹ TCS 1% Excise 18% How much collect from customer? - Here only Excise value not with VAT Value...? - You will add VAT value and will collect TCS on Total value of Invoice... |
|
under GST it is silent on this issue
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