Discount coupan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 April 2014
We are online retail seller in delhi, and we are offering discount coupan in flat rate like (Product cost is 500 and we are offering discount coupan Rs.400/- Net sale Price is Rs.100) plesae advise which amount we charge vat Rs.500 or Rs.100
Please Note:- we sale product in loss (Like purchase cost Rs.500 Sale Cos Rs. 100).
Please Note:- we sale product in loss (Like purchase cost Rs.500 Sale Cos Rs. 100).
29 April 2014
VAT should b inclusive of Discounts. I suggest to deduct on 100 i.e, after deduction discount
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