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author's profile photo Former Member
Former Member

Gross price in PO

Hi,

In my purchase documents for excisable items the gross price is showing additional value in addition to the unitpricetax amount.If my unitprice is 100 rs and if I use BEDCENVAT(VAT12%) the gross price is showing 115 rs but actually if I calculate, the unit price + tax = 112,etc.Can somebody explain how?

Regards,

Sekar

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    author's profile photo Former Member
    Former Member
    Posted on May 13, 2011 at 07:12 PM

    Hi Sekar,

    Welcome you post on the forum.

    Other than this 12%, do you set an additional 3% somewhere?

    Thanks,

    Gordon

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