ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Accounting >> Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1899)
 Accounting General interview questions  Accounting General Interview Questions (2810)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4363)
Question
dear sir if i dont know the sell bill amount the. client
give me 88036 amount cheque this cheque already cut tds
2.065% how will the service tax how i calculate this pls
give easy process.
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
THE SERVICE TAX WILL BE CALCULTED AS FOLLOW :
FIRST OF ALL FIND THE SALE BILL INCULDING SERVICE TAX . THE
FORMULA OF FINDING THE SALE BILL =
AMT. OF CHEQUE x100/ 100-RATE OF TDS
i,e 88036*100/97.935 = 89892

THEN FIND THE SERVICE TAX AMOUNT BY APPLYING FORMULA

=AMT. OF SALE BILL *RATE OF SERVICE TAX /100+RATE OF
SERVICE TAX
i,e 89892*10.30/110.30 = 8395
service tax amount = 8395
 
Is This Answer Correct ?    6 Yes 0 No
Gopal Khandelwal
 

 
 
 
Other Taxation Interview Questions
 
  Question Asked @ Answers
 
what is the latest percentage of work contract service Tax with Edu cess   2
we purchased material from other state without waybill, can we get c-form without waybill?   1
wht do you mean by copmosition of tax   1
what rate is entry tax is it same for all states   1
i am working as an accountant. i forgot to deduct the TDS of one employee in year 2010-11 of Rs.1141/-. Now what is the procedure or solution for it?   6
What is the difference between profit and gain?   8
I RAISED SALES INVOICE TO DEBTOR GROSS 25000 +S.TAX 3090 TOTAL 28090 AND I RECEIVED 27528 CHEQUE FROM DEBTOR HOW TO ENTER THESE TWO ENTRIES IN TALLY AND HOW TO COMPARE ACCOUNTING STATEMENT   3
Wat is U r stength and weekness   2
I've bought goods from other state at 2% for trading. What is the rate, I've to charge for my customers?   1
excise duty receivable is current asset and does not include in purchase value ? JPMorgan-Chase 1
what are the indirect taxes? KPMG 4
Please advise can somebody deducted TDS on Dollar Bill. If yes then why....   1
 
For more Taxation Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com