Sales Tax Rule on Discounted Product Offering a discount on the sale price is one of the popular ways to encourage people to buy a product from you. But, as per many tax consultants, you should not ever ignore whether the tax needs to be calculated on discounted price or price before discount. This is to avoid either paying extra tax or failing to follow the tax rules as per your jurisdiction. It would be easy to explain using an example – suppose, you have an item with a selling price of $100 and you are offering a 10% discount to your customer. So, now the question is whether you will charge tax on the actual selling price $100 or discounted price $90. The rule may vary state to state, but for most states, it depends on whether the manufacturers or distributors are going to reimburse the discount, if they reimburse the discount then tax needs to be calculated based on original sale price i.e. before discount. And, if the discounts are being provided directly by retailers then the sales tax will be calculated on sale price after discount. The same rule is applied if your customer brings a manufacturer

The barcode is a symbol in a machine-readable form to represent a combination of numbers or characters to identify any product uniquely. The printed barcode is attached to a product or item. There are two kinds of barcodes i) One Dimensional (1-D) ii) Two Dimensional (2-D). One Dimensional barcode consists of a series of parallel black lines and white lines of different width which is readable by a barcode scanner. And the layout of the Two Dimensional barcode is square or rectangle. The image scanner is used to read the grid or pixel within the tow-dimensional symbol to decode to human-readable code. Norman Joseph Woodland and Bernard Silver are the original inventors of the barcode, but the bar code developed by George Laurer was commercially successful. One-Dimensional (1D) Barcode One Dimensional Barcode consists of a series of black and white variable-width vertical lines. These types of barcodes are commonly used to identify the consumer products for point of sales transactions or inventory management system. Barcode scanner reads the barcode in one direction, i.e. horizontally. It decodes the width of each column to numbers or characters. UPC (Universal Product Code) is one of the examples of a 1-D barcode. Few major