How to get basic ?

644 views 3 replies

Dear Sir(s),

We are facing problem for generating PO for the following item, which is coming some disc, after paying Excise duties, Please give solution?

BASIC PRICE> EXCISE >SELL PRICE> DISCOUNT> AFT DISC

34271  >             4942>         39212>       1700>      37512

is there any solution to get Basic price without disturbing Excise duties?

Thanks in advance.

Replies (3)

You can calculate discount for your basic price.

For example.

Basic price - 100

discount - 10

after dicount-90

cal Excise for 90  is 9.00 (excise 10%)

for this method u can save 10% of your discount amount. because excise is not l;evy for discount

I agree with u sir, it is general procedure in everywhere, but in this case , our Buyer is calculatiing after payment of Excise duty, (ex:100+10.3=110.3 - disc) he is giving discount , thats why I am asking is there any procedure/calc , without disturbing excise amount , to get BASIC PRICE.

the discount is offered to you eiother cash discount or quantity discount 

so the Excise duty would be chargable on MRP

reduce the discount direct from the basic price

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details