Under Civil and interior work contract

This query is : Resolved 

20 November 2021 what ratio is to be maintained above subjected under civil and interior work contract for private ltd company, please advise, if sale goes less than purchase, kindly give the suggestion , how should I keep the track of sale of taxable service /goods i.e. material and labour charges and the purchase of material .

26 November 2021 If purchase is more, it adds to inventory or Work in progress.
For profit margin, market trend is 15 to 20%.


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