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typo error....
by Arun Kumar on May 29, 2005 02:18 PM   Permalink

Yup it has a typo error in Example B

Example B
(Rs)
.......
.......
.......
Total
12,120

Basic selling price
12,120 (it is not 12630)

Add 12.5 per cent VAT
1,515

VAT inclusive selling price
12120 (Basic selling price) + 1515 (VAT) = 13,635



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How VAT works