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Roopesh Nandi (Sr. Accountant)     10 June 2021

Taxes on Tax

Is there any applicability on Taxes on Tax

 

Ex: Product cost and GST = 100+18

Agent Commision 14% +GST , Commission should be Rs. 100*14%+GST or Rs.118*14+GST

Please quick resolve...



 3 Replies

CA Altamush Zafar

CA Altamush Zafar (GST Consultant)     10 June 2021

This depends on your contractual terms. Nothing to do with GST or tax on tax.

Ideally it should be 100*14% + GST. This is what is followed in Industry commonly

1 Like
veerendar singh

veerendar singh (tax consultant)     10 June 2021

Ideally it should be 100*0.14
Sourav

Sourav (Student)     10 June 2021

It should be 100*14%

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