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dear friends ,
i want to know , how ll i calculate sale tax for sale tax return .
as per my knowledge this formula is effective
amount x 2% / 102
plz advice me
Yes this is correct...
But u can also take proportion to TOTAL CST SALES V/s CST SALES RETURN.... Multiply the amount with total CST...
CST x cst sales return/cst sales
2 ways to calculate sale tax
First when u have to calculate sale tax from net of amount u want to sale i. e. amount (NET)*2/100
Second when u have to calculate sale tax from sales inclusive of sales tax i. e. sales value(gross)*2/102
your formula is totally correct........(in case saletax amount is composite in sale value...)
Ya i agree with him...
for caculation of CST sale return is considerd or not????
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