WebMay 4, 2024 · discount; value added tax; class-8; 0 votes. 1 answer. Rajat goes to a departmental store and buys the following articles: asked Apr 10, 2024 in Profit and Loss by Madhuwant (38.1k points) profit and loss; discount; value added tax; class-8; 0 votes. 1 answer. 21 articles were bought for Rs.6531 and sold for Rs.9954. WebMar 28, 2024 · What is called Quantity Discount in GST? The discount given for purchasing a specific quantity set by the supplier is called Quantity discount under the GST system. For …
GST on cash discount, incentives or schemes offered by
WebQuantity of items/ goods/ services sold; Details of the seller and the buyer; Terms of sale; Date of transaction; Price of the items/ services; Any discount; The GST amount is divided … WebOct 1, 2016 · The following table provides the GST and HST provincial rates since July 1, 2010. The rate you will charge depends on different factors, see: Type of supply – learn … lockleaze sports centre bonnington walk
Quantity Discount - What Is It, Model, Examples, Calculations
WebMar 11, 2024 · For example : A pen costs 50$ and it is been sold at a discount of 12%, what is the discount price of the pen? A: = 50 x 12/100. = 50 × 0.12. = $ 6. Discount price of the pen is : 44$. Hope you get it. Okay fine! Let’s get into the programming for the above equation is different formats. WebApr 9, 2024 · The term "discount percentage" or "discount rate" refers to the price reduction represented as a percentage. The discount rate is calculated using the following formula: … Webc. bulk purchase discount, say, additional discount of 5% on purchase worth of Rs. 20,000/- or more; d. get 10% discount on purchase worth of Rs. 25,000/- and above, 15% discount … india whiskey production