Taxes on Tax

287 views 3 replies

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...

Replies (3)

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

Ideally it should be 100*0.14
It should be 100*14%

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