SALES TAX


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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2010 IS SALES TAX IS A PART OF GROSS SALE.
IF ANY TRADER HAVE SALE 39,00,000 AND SALES TAX IS 200000 LAC. IS BALANCE SHEET COMES UNDER AUDITED BALANCE SHEET?

THANKS

12 August 2010 yes sales tax is part of gross sales

Taxable sales+sales tax=gross sales

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2010 It means that BALANCE SHEET will considered as an Audited Balance sheet?


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