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How To apply Tax on products? 

Suppose you want to apply 14 % Service Tax on product’s Base Price and 5.5 % VAT on Product’s Base Price + Service Tax. Then, you have to follow below given steps: 

1.   Create two tax types - Service Tax and VAT from the Tax types section. ( Please refer third screenshot) 

2.   Create a Tax group, by defining the name of the Tax group, selecting country and state on which it is applicable. (Please refer second screenshot) 

• Under the Tax Types select the tax type you created in the first step i.e. Service Tax 14.00%, and under Taxes Applicable on select the item on which the tax will be applicable, like in this case select Product. 
• For adding the second tax type , you need to apply 5.5 % VAT on Product's Base Price + Service Tax, for that click on the + icon, under Tax Type select 5.5% VAT and under Taxes Applicable on, select Product + Service Tax 14.00%. 
• Click Save. 

3.   Under the Packages section in Products/Services in Settings, you can select the created Tax Group on the product while creating a new Product Group or by editing it. 

4.   For adding the Tax Group in domains, go to Domain Registrars under Products/Services, and add the Tax Group by configuring any domain registrar.