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Former Member
Mar 12, 2010 at 08:43 AM

Discount to be deducted after taxes

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Dear All,

Please guide me to resolve below mentioned scenario.

I have to calculate Discount on net price but it should be deducted from Basic + Ed price = Sub total for Sales tax calculation & then VAT will be calculated. eg.

Basic Price 100

Ed 10% 10.30

(EDCESSSh Ces)

Value after ED 110.30

Desciount 4% on 100= Rs.4

but to beducted from 110.30 4.00

Value to calculate Sales 106.30

Now I want to calculate VAT % on 106.30

Now tell me how to treat discount in this case.

Regards,