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Feb 24, 2009 at 12:41 PM

Calculation of Vat On total amt(Basic price+Exices duty+Freight condition)

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Dear friends,

My client requirement is that the Vat should calculate on total amount including freight condition while creating PO that is

Basic price=100

ED 10%=10

cess on ED 2%=2

Total amount=112

Freight=20

Total amount after adding Freight=132

Vat 4% should calculate on total amount=5.28

Total amount=137.28