The tax rate is applied and the resulting tax amount added to the net price to determine the gross price.Net PriceThis is the selling price before tax has been added. For a tax registered business, the net selling price is what is used to count towards the sales revenue of the business...
Gross Merchandise Value means the total gross revenue of all the products and goods sold at the Stores; Sample 1 Based on 1 documents SaveCopy Gross Merchandise Value means the total value of goods or services, or both, sold by, or through the intermediation of, the enterprise through all th...
This tool will calculate the gross selling price and tax amount from the net selling price and required sales tax, value added tax (VAT) or goods & services tax (GST) percentage rate.