Ratio of taxable sales means proportion of taxable sales amount to total sales amount.
Calculation formula is as below.
Taxable sales amount
Taxable sales amount ＋Non taxable sales amount
In the case your corporation purchases a real estate and hopes to receive refund of suspense paid consumption tax, calculation formula shall be like this.
Consumption tax for building (assumed “10 million yen “) × ratio of taxable sales (assumed “98% “) = Amount of refund(9.8 million yen ).
Like this rate of taxable sales amount is important to receive refund of consumption tax.