we are manufacturing Steel recks. Total Cost including Saling price. NBT is calculate reducing cost, is its Correct...?

asked Oct 19, 2016 in NBT by Sekara Gunawardena
we are manufacturing Steel recks. Total Cost including Saling price. NBT is calculate reducing cost, is its Correct...?

1 Answer

0 votes
answered Oct 19, 2016 by Vishan (3,610 points)
You have to pay 2% of the sale. If you are charging customer less than that then balance you have to pay out of your money. However if you are manufacturer you can claim input NBT as I know.
commented Oct 20, 2016 by anonymous
Thank you very much for your Advice.
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