1% TCS ON TAXABLE PRODUCT

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Multi Vendor Marketplace Plugin | WCFM Marketplace › Forums › WCFM › 1% TCS ON TAXABLE PRODUCT

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    • May 4, 2020 at 8:20 pm #126573
      officialeducart
      Participant

      Hey Wcfm my query is that we have to cut a amount from taxable amount of the product that is called tcs i.e. 1% of the taxable value of the product.
      For ex. Product price 1000 + 12 % gst = 1120 total price. So we are liable to cut 1% from the 1000 rs. i.e. 10rs. and there is not tax above this
      So in total we are taking our commision+ gst on commision(18%)+ 1% of the taxable value of the product.

      Kindly resole the issue asap.

    • May 6, 2020 at 3:22 pm #127392
      officialeducart
      Participant

      @WCFM Hello Any update?

    • May 6, 2020 at 11:37 pm #127653
      officialeducart
      Participant

      @Sarmistha Chakraborty Please Reply

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