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How to structure taxes for online clothing store
23-Jul-2023 (In Tax Law)
Hi, I have recently started my online clothing store, i dont manufacture goods i just sell them under by brand name, my manufacturer is charging me 2% tax, i need to know how to structure my tax, what % i should charge and what kind of taxes?
Dear Sir,
Thank you for your e-mail.
Request you to kindly provide me more details regarding the payment that your manufacturer is charge i.e. nature of payment. Once I have all the relevant information I shall be able to guide you more prudently.
Regards,
Saurabh
Thank you for your e-mail.
Request you to kindly provide me more details regarding the payment that your manufacturer is charge i.e. nature of payment. Once I have all the relevant information I shall be able to guide you more prudently.
Regards,
Saurabh
Helpful?
23+
23+
Adv. Saurabh Kumar
Delhi | 25+ Answers
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You have to pay only service tax i.e. 15%. Service provider is required for service tax registeration only when their sales is more than 9lac per annum and they are required to pay service tax when the value of servicea is more than 10 lac.
Have a CA for structuring your tax.
Have a CA for structuring your tax.
Helpful?
13+
13+
Adv. Bhavishya Mehra
Delhi | 25+ Answers
CONTACT NOW
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