If any bill amount is inclusive of service Tax? How to
calculate?
- 12 Answers
- 94005 Views
- Mountain Edge, Savitri Engineering, I also Faced
- E-Mail Answers
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
Hi Kindly provide the current slab for profession tax in karnataka and due date for remittance the profession tax
What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19
What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?
Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.
Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards
I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
how & on which amt tax should be calculate on pvt ltd company or ltd company
what is rate of different service tax in haryana
HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX
The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.
Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study
Please mail me the TDS rates for the year 07-08? aamirdeba@in.com
what was the VAT rate on inverters(home ups) in karnataka on 2016??
What will be the planned expenditure in the budget 2009-10
