Sale tax
This query is : Resolved
Subodh Das
(Querist)
30 May 2013
Sir,
My Friend was attend a interview in a FMCG Company. The CFO asked him a question which he was confused to solve the question.
where the MRP is Rs. 100/-.
Market down=35% (Net of Tax).
VAT=5%
CST=2% with C Form.
I Just want to know the invoice price=?
Please answer the question with example.
My Friend was attend a interview in a FMCG Company. The CFO asked him a question which he was confused to solve the question.
where the MRP is Rs. 100/-.
Market down=35% (Net of Tax).
VAT=5%
CST=2% with C Form.
I Just want to know the invoice price=?
Please answer the question with example.
Rupesh Jain
(Expert)
30 May 2013
MRP= 100 - 35% = 65
NOW VAT +5%
65+5%=68.25
CST 65+2%=66.30
NOW VAT +5%
65+5%=68.25
CST 65+2%=66.30
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