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.
For each endogenous variable in the economy, boundedly rational agents learn to use a simple, but optimal AR(1) forecasting rule with parameters consistent with the observed sample mean and autocorrelation of past data.
Section 5.0 - Transportation describes the external and internal transportation network for the NASP.