Any body plz guide me. I have making a invoice of 4% sales
tax rate but actual rate of sales tax 5%.



Any body plz guide me. I have making a invoice of 4% sales tax rate but actual rate of sales tax ..

Answer / moti

Kindly issue a dabit note for 1% with regret.

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1. How to calculate vat @4% on a bill which also suffers Service Tax @ 10.30%. ie. Whether i hav to calculate on the basic or on the sum of Basic + service Tax. kindly clarify in this regard immdly. because som part of people says it sholud b calculated on the basic, another part of people says it should be calculated on the sum of Basic + Service tax.... 2. when we deduct TDS for the invoice? ie. In the invoice which suffers Vat & also Service tax or the invoice which suffers only Service Tax? Kindly clarify me immdly.

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