To add multiple taxes for the product to calculate tax slab automatically based on the product price (price without tax), please follow the below steps:
Step 1: Go to “Products & Service section”.
Step 2: Click on “Edit”.
Step 3: Click on “+ Add multiple taxes”.
Step 4: Select the “Required tax percentage.”
Step 5: Enter the “Conditions”.
Here, you can enter the minimum and maximum price conditions to apply tax slab automatically based on the product price (Price without tax).
Example:
18%-Minimum price 1000 and maximum price 2000.
28%- Minimum price 2000.
You can also select the default tax to be applied in Invoice.
Step 6: Click on “Save”.
Note :
1.You can add maximum 3 tax slab for a product.
2.You can also create invoice by adding a single product twice selecting different tax percentage.