Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

If any bill amount is inclusive of service Tax? How to
calculate?

Answer Posted / sachin sharma

service tax is charges as (see below) 

amount accrued for service provided: 100000 
servcie tax tereon is : 100000*12.36/100 = 12360 

in case the amount of servcie provided is inclusive in amount received then calculation of service tax is: 
100000*100/112.36 = 88999.64 
this mean the value of services provide is 88999.65 
and the service tax is 100000-88999.65 = 11000.35.

Reply from:
Sachin CS(Company Secretary)
Karnal (Haryana)

Is This Answer Correct ?    76 Yes 15 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How should the personal assets of a salaried employee be shown in his books of accounts ?

1654


WHAT IS COMPOSITION RATE IN Andhara pradesh SALES TAX?

1820


what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?

2103


what do u meant by investment banking

2269


WHAT IS SHEDULE , HOW MANY TIPE OF SHEDULE IN COMPANY & PARTNERSHIP FIRM , WHAT IS IN EACH SHEDULE HEAD CONTAIN , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com

2252


What's format of CMO & CMA Data?

2633


We have got 5 firms. Same partner only running all the firms. Salary is going from one firm. But if we go for PT registration it is asking number of employees. I don't know how to fill the form in online. Any one can help me?

1901


We have wrongly used road permit of other party in consignment to kolkatta.The road permit used is the party from Kolkatta.How to resolve the issue ??

2100


Basing on what we can made TDS payment

1786


i am new to this tax system if you don't mine "please help me"

1896


on earth moving road work which type of tax is applicable?

1817


Whether We can Get the Refund of Service Tax Paid Wrongly to the department.We are not suppose to pay the tax and we knew after that we can adjust that servies tax what we have collected from our client aganst services received from our suppliers.

5362


if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?

1853


We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.

2057


is it necessary to use form38 in UP for purchase of goods from outside UP @5%CST Tax

2135