SD

[Former Member]

Dear all

1. What is gross price,base price,net price,effective price with an example?

2. Difference between order unit and order price unit

Please guide me

[Lakshmipathi · Accepted solution]

Gross Price

You sell a material in the following break up

Material ABC x qty 50 @ INR 150.00:::::::7500.00

ED @ 10%::::::::::::::::::::::::::::::::::::::::::::::750.00

ECess @ 2% on ED::::::::::::::::::::::::::::::::::15.00

SECess @ 1% on ED::::::::::::::::::::::::::::::::::7.50

TOTAL:::::::::::::::::::::::::::::::::::::::::::::::::::8272.50

VAT@ 2% :::::::::::::::::::::::::::::::::::::::::::::::165.45

GROSS PRICE:::::::::::::::::::::::::::::::::::::::8437.95

Net Price is your selling price + BED + ECESS + SHECess but excludes Tax

Base Price

In the above structure, if you have any additional charges which should be added to your selling price, then the base price is nothing but your INR 150.00

Order unit is your order quantity and price unit is whether your selling price is per piece or kg

thanks

G. Lakshmipathi