Book Royalty Calculation
Book Royalty Calculation: Selling price of the Book – (minus) Printing Cost of the Book + Taxes and cess + Inventory Charges, Handling and Shipping = Book Royalty, for the Book as per international Publishing guidelines.
Selling Price means the maximum retail price at a particular store.
Cost of the book means the cost at which the book is printed (which includes paper charges, printing ink charges, binding charges and other technical charges)
Taxes and cess means the amount of taxation and additional cess i.e. being charged by Government (includes states) and other International stakeholders governed by treaties, agreements and conventions.
Inventory, Handling and shipping means the cost incurred to store, sanitize, pack and do internal shipping.
Note - Some stores or platforms may include some other additional charges such as affiliate charges, hosting and maintenance charges, SKU Charges, etc.