Examples of Gross Amount in a sentence
See Periodic Installment Payment Options below for explanation of the options available.● If I select the Net Amount box, the actual withdrawal amount will be greater than the withdrawal amount received to account for applicable income taxes and fees.● If I select the Gross Amount box, applicable income taxes and fees will be withheld from the gross amount, resulting in an amount less than the requested amount.
The undersigned understands that the "Total or Gross Amount Bid" as immediately hereinbefore set forth is not the final amount which will be paid if this proposal is accepted and the work done, but that such amount is computed for the purpose of comparison of the bids submitted and the determination of the amount of the performance bond.
Statutory deductions including those in respect of VAT, 2% Income Tax, 4%Sales Tax, surcharge & 1% labour cess as applicable will be deducted from Gross Amount of each bill of the agency/contractor.
If No. of Shares Acquired is positive, then Gross Amount of Stock Option Gains (refer to no.
Contractors Percentage Whether Applied To Net Or Gross Amount Of Bill Clause-31 The percentage referred to in the tender shall be deducted from/added to the gross amount of the bill before deduction the value of any stock issued.