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Former Member
Oct 14, 2014 at 06:10 AM

calculation of tax

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Dear Experts,

The manufacturer(A) of Finished goods cigarette packets is selling to our client(B) at cost of Rs.80.The packets have a printed price of Rs.130.

How can we set up a Input tax code to capture this. There is an existing tax procedure. Do we have to change this tax procedure?

Thanks as always