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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.

Answer Posted / gaurav chaudhary

For Exp. Bill Amount is before Tax 20000/-
Vat @ 4% 800/-
Service Tax @ 10.30% 2060/-


Total Amount after tax 22860/-


TDS Charged Whole Amount 22860/-

Is This Answer Correct ?    66 Yes 22 No



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