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gross & net

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(Querist)
26 February 2011 What does gross & net difference

Sale amt 104
Vat 4% 4
Total 108

108 is net amount or gross amt

salary 15000
tds 1000
paid 14000

which is the gross and net amt











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Thrissurkkaran Ishtan

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Thrissurkkaran Ishtan (Expert)
01 March 2011 108 is gross
104 is net

15000 is gross
14000 is net

Higher amount is always gross
Smaller amount is always net

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