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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
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