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AT 5% will be charged on 70% of Total Amount and

Service Tax of 12.36% will be charged on 30% of Total amount

Question Posted / p r nair

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AT 5% will be charged on 70% of Total Amount and Service Tax of 12.36% will be charged on 30% of ..

Answer / biswajit ghosh

Suppose Total amount is Rs.100/-
Then 70% is Rs.70/- then vat 5% is Rs.3.50/-

Suppose Bill value is Rs. 100/- is 30% is Rs. 3.71

Is This Answer Correct ?    2 Yes 1 No

AT 5% will be charged on 70% of Total Amount and Service Tax of 12.36% will be charged on 30% of ..

Answer / biswajit ghosh

Suppose Total amount is Rs.100/-
Then 70% is Rs.70/- then vat 5% is Rs.3.50/-

Suppose Bill value is Rs. 100/- is 30% is Rs. 3.71

Is This Answer Correct ?    1 Yes 1 No

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