Interested to Buy Any Domain ? << Click Here >> for more details...
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.
- 1 Answers
- 4248 Views
- I also Faced
- E-Mail Answers
Answer Posted / gopal khandelwal
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 |
Post New Answer View All Answers
What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.
What do you mean by fair rent?
what diff. between Account ,Commerce and Finance?
WHAT IS THE PORVISION OF INCOME TAX & SELF ASSESSMENT TAX AFTER AUDIT IN PVT LTD CO & LTD CO , PLEASE GIEVE ANSWER IN DETAIL WITH ENTERY TO MY E-MAIL ADDRESSS
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .
What are the excise duties in our state?
How to calculate sales tax ?
What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19
if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu
what are the slab rate for F Y 2010-11
I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.
I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka
Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me
