Menu
Vat on dealer price
My cost of nilkamal matress is 38095 and vat @ 5% on tat is 1905. My profit is 5000. I hv said to the client tat price of product is 45000( ie 38095+1905+5000). Hw shld i bill?
Replies (2)
38095 + 5000 = 43095.....total sale value
Apply VAT on 43095 = 2155
Invoice value = 45250
take ur cost = purchase price inculding vat
add : Sales tax @ 5 % on it
Total amount= Will b the bill amount
Recent Threads
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
Related Threads
CAclubindia
