If service provider is a residence complex developer (having apartment) and he receives amount inclusive of tax than how service tax will be calculated on amount received give some example

Answer Posted / sujeet gupta

if the receiving amount is 10000 & tax rate is 5%.
then the net amount is (10000*100/105)=9523.80

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??

1140


if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?

1574


wht do you mean by copmosition of tax

3097


SELLER A : has a w/house in chennai and bangalore both and the BUYER B is based in chennai. SELLER A carries stock in both the locations. Can BUYER B buy who is based in Chennai request purchase from Bangalore through C-form .. and if so will there be any obligation on the Seller A

1182


whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?

2499






IF WE ARE WORKING IN PHARMA COMPANY & I SEND THE MEDICINE SAMPLE TO THE SALSMAN IN VARIOUS PLASE OF INDIA THAT TIME MADE INVOICE OR ANY OTHER CHALLN OR RECIEPT WHAT AS PER LAW ANY TAX APPLIED IN THE INVOICE & WHICH FORM WILL BE REQUIRED HOW TO GET IT, PLEASE GIVE ME DETAIL ALL INFORMATION WITH EXAMPLE & WHAT ENTEY OF THIS TRANSATION IN BOOKS OF ACCOUNT

1605


What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)

1598


what is excise duty and how can we mantain its account in outgoing and incoming of bill status.

1526


What qualification require for become a tax consultant ? what the future in this..???

2277


if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally

1062


Rules for filling Income Tax return for an Individual ?

1503


What do you mean by fair rent?

686


What is the difference between Indian and us taxation

2184


we have received TDS Certificate (Form No 16A) from one company, we have checked online credited but they not credited to us (online credit)..how can i refund that amount. pls send us letter format

5797


what is WCT rate in chhattisgarh

2924