Table of Contents
How Commission Is Calculated — Simple Explanation #
For example,
If you sell a smartwatch at ₹2360/-
Taxable value: 2000/-
Commission rate = 8%
Commission = ₹2,000 × 8% = ₹160
GST on commission = ₹160 × 18% = ₹28.80/-
Total commission deducted = ₹160 + ₹28.80 = ₹188.8/-
TCS (0.5%) = ₹2,000 * 0.5% = ₹10/-
So, from the order value, the total deductions would be: ₹188.8 + ₹10 = ₹198.8/-
