ThokDawai & VAT (Value Added Tax)

ThokDawai supports specifying the price and tax rates allows calculation of VAT on all the possible combinations.

ThokDawai allows you to...

• Work with both forms of tax calculation - Tax on MRP and Tax on Trade Rate.
• Have MRP Rates inclusive of taxes or with taxes extra.
• Bill with rates where taxes are charged extra.
• Work with net rates, situations where sale price (rates) quoted are inclusive of taxes.

Rates Inclusive of Tax

The ThokDawai billing system supports inclusive of VAT option for

• Purchase Rate,
• Sale Rate, and
• MRP

At the time of purchase you can specify the rate type for each of the above 3 rates. The necessary information is automatically passed for use at the time of selling the time - both through Challan and Sale Invoice.