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on what tax is calculated on base price or net price?

Answer Posted / raj mane

it is depending on business process.
In INDIA tax calculated on
for outside state
(net price - discount ) + excise + packing + insurance without freight amount
for inside state
(net price - discount ) + excise + packing + insurance + freight amount
Out side INDIA
Tax calculated on Net price

Is This Answer Correct ?    4 Yes 0 No



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