GST on Gross Amount in Sale order
Dear ALL,
Govt has increased GST 16 to 17% but it is deduct on gross amount. For example .Customer has order of item , Cost of Item is 100 USD, GST 17% and 10% discount on item.
17% GST deduct on Gross amount 100 USD = 17 USD
10 % Discount on 100 USD = 10 USD
Item = 100+17-10= 107
Net sale order value = 107.
How can i do in system ?
Please anyone update. It is urgent issue.
Thanks In advance
Govt has increased GST 16 to 17% but it is deduct on gross amount. For example .Customer has order of item , Cost of Item is 100 USD, GST 17% and 10% discount on item.
17% GST deduct on Gross amount 100 USD = 17 USD
10 % Discount on 100 USD = 10 USD
Item = 100+17-10= 107
Net sale order value = 107.
How can i do in system ?
Please anyone update. It is urgent issue.
Thanks In advance
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