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#1
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Sales tax due amount
Any one can tell me that in which amount sales tax payable? Net profit or amount of net sales?
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#2
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Amount of net sales of course, for example Your input sales tax was 17.5% on purchases, now the output sales tax on sales would be calculated at the same tax rate and the difference if exceeds input, it would become due, payable to tax authorities, if input exceeds output, tax authorities would return the excessive amount.
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