EBtax on net amount
In Pakistan government just
passed a law that from now on Sales Tax will be applied. Now I would like to know how to setup a
Sales tax so that sales tax will be applied on net amount e.g
17% GST deduct on Gross amount 100 USD = 17 USD
Net value with GST = 100+17= 117
1% tax on Net Amount = 107*1%=1.7
Net Customer pay = 107+1.7= 108.7
Please Anyone suggest, it is urgent , thanks in advance
17% GST deduct on Gross amount 100 USD = 17 USD
Net value with GST = 100+17= 117
1% tax on Net Amount = 107*1%=1.7
Net Customer pay = 107+1.7= 108.7
Please Anyone suggest, it is urgent , thanks in advance
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