It is only in the gross price that brokerage/commission amount will be shown in the invoice.
what is meant by net price? does it include excise duty? If included, how is it claculated
Yes, you are correct. This a very popular brokerage firm and many individuals have used it. I highly recommend this company if you are looking for a reliable brokerage firm?
Gross price-expenses=net price
net-price or sales price net price
The gross price would be the price before deductions. The net price is after deductions.
Net priceThe 'net' price
To calculate the net price of a given commodity, subtract the expresses from the gross prices. The new figure is will be the net price.
To calculate the net price of a given commodity, subtract the expresses from the gross prices. The new figure is will be the net price.
Net priceThe 'net' price
margin
The gross price is the basic price. Adjust for any discuont, add any relevant taxes and you get the net price.
"Net Net" is a business term for the absolute, final, "bottom line" cost of an item, after all discounts, fees, charges, etc. have been calculated.