Dear All,
I raised one scrap sale for a material in this i got details as follows,
On Customer : 4500 /-
On Scrap sale: 4243.29 /-
VAT 5% : 212.16
TCS 1% : 44.55
Please tell me how the system calculates the TCS & VAT for the given total amount.
Regards,
Nageswara Rao.D