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Query (Issue) Started By: – Arun Kumar Dated:- 17-7-2017 Last Reply Date:- 18-7-2017 Goods and Services Tax – GST
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GST
My products have high development cost but low material cost. For Ex. If customer wants a size or O ring, he is ok to pay high development cost for 10 pcs. If O Ring cost id ₹ 10 each, the development cost would be ₹ 2500.
I would like to know as my products fall under 28% tax slab, will it be necessary to pay 28% tax
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