I want to know how to calculate service tax when I have made bill of Rs. 50000/- (Inclusive of service Tax)
Answer Posted / pooja acharya
BILL AMOUNT IS 50000
TAX AMOUNT= 50000/112.36*12.36= 5500
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
witch taxes are calculate in CENVAT for Gold ornaments ?
How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?
My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?
Who is an assessee?
Is Service Tax chargable by Real Estate devlopers to be charged on the entire cost of the property or only on the service conent of the cost and not on the cost of land and cost of construction material? Can the developers demand Service Tax on installments paid by the buyers before the real sale takes place?
How to working service tax in excel sheet?
What is Excise duty? What is Edu Cess & Sec Edu Cess? Why and when it is applicable? What is Excise Claiming?
If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?
what is the scope of business taxation in private company?
what should be the research and methodology of business taxation?
what is fbt@ ,sd @
In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.
What is permanent account number (pan)?
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.
what is the objective of business taxation in private company?