G/p & n/p

This query is : Resolved 

29 January 2014 Sir,

1] Please say to me minimum necessary Gross Profit & Net Profit Limit on Turnover.

2] How decided Gross Profit & Net Profit.

3] Gross & net Profit Ratio.


30 January 2014 depends on industry to industry...check the industry standards.

for 2 and 3 please refer to icai CPT study material.


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