Retail Sales Tax Report
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The Retail Sales Tax Report in CW POS with the mentioned columns would provide the following information for each date:
No Tax: Total amount of sales that were exempt from tax.
Base Value of 5%: Total amount of sales that were taxable at a rate of 5%.
CGST 2.5 Amount: Total amount of Central Goods and Services Tax (CGST) at a rate of 2.5%.
SGST 2.5 Amount: Total amount of State Goods and Services Tax (SGST) at a rate of 2.5%.
Base Value of 12%: Total amount of sales that were taxable at a rate of 12%.
CGST 6 Amount: Total amount of CGST at a rate of 6%.
SGST 6 Amount: Total amount of SGST at a rate of 6%.
Base Value of 18%: Total amount of sales that were taxable at a rate of 18%.
CGST 9 Amount: Total amount of CGST at a rate of 9%.
SGST 9 Amount: Total amount of SGST at a rate of 9%.
This report is helpful for businesses to keep track of their retail sales tax liability and also to reconcile their tax payments with their sales transactions.
