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I want to know how to calculate service tax when I have made bill of Rs. 50000/- (Inclusive of service Tax)

Answers were Sorted based on User's Feedback



I want to know how to calculate service tax when I have made bill of Rs. 50000/- (Inclusive of ser..

Answer / rama chandra mohanty

The Bill Amount Is Rs-50000/-(Inclusive of service tax of @12.36%)
Then Bill Amount = 50000*100/112.36=44500.
And Tax Amount = 50000-44500=5500.

Is This Answer Correct ?    30 Yes 0 No

I want to know how to calculate service tax when I have made bill of Rs. 50000/- (Inclusive of ser..

Answer / ravindra gowda

correct

Is This Answer Correct ?    3 Yes 0 No

I want to know how to calculate service tax when I have made bill of Rs. 50000/- (Inclusive of ser..

Answer / pooja acharya

BILL AMOUNT IS 50000
TAX AMOUNT= 50000/112.36*12.36= 5500

Is This Answer Correct ?    2 Yes 0 No

I want to know how to calculate service tax when I have made bill of Rs. 50000/- (Inclusive of ser..

Answer / mahipal yadav

Bill Amount Is Rs-50000/-(Inclusive of service tax of @14%)

Then Bill Amount = 50000/114%=43859.65.

And Tax Amount = 50000-43859.65=6140.35.

Is This Answer Correct ?    0 Yes 1 No

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