I want to know how to calculate service tax when I have made bill of Rs. 50000/- (Inclusive of service Tax)
Answers were Sorted based on User's Feedback
Answer / rama chandra mohanty
The Bill Amount Is Rs-50000/-(Inclusive of service tax of @12.36%)
Then Bill Amount = 50000*100/112.36=44500.
And Tax Amount = 50000-44500=5500.
Is This Answer Correct ? | 30 Yes | 0 No |
Answer / pooja acharya
BILL AMOUNT IS 50000
TAX AMOUNT= 50000/112.36*12.36= 5500
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / mahipal yadav
Bill Amount Is Rs-50000/-(Inclusive of service tax of @14%)
Then Bill Amount = 50000/114%=43859.65.
And Tax Amount = 50000-43859.65=6140.35.
Is This Answer Correct ? | 0 Yes | 1 No |
how many forms of vat return is
procedure to vat assessment?
IF a vendors charges WCT @8.75% what is the rate of TDs to be deducted against that? & can we take the Input of it?
what is service tax charged in india
What is the Special provision for computing profits and gains of business of civil construction
3 Answers GET Engineering Construction,
If I want loan upto Rs.500000/- from bank. so how much capital show in my balancesheet. please help me.
What is the procedure of geting vat refund for construction division where output is nill?
The company has to pay transportation charges for transporting its materials. The company has not remitted the TDS on the same within due date. Is this expenses to be disallowed in STI. This expenses is directly considered on valuation of closing stock.
what is vat?
wats the journal entry for payament of Company's Income Tax & under what head does income tax comes in TAlly
Can we deduct tds on travel agents,if yes then what is the rate & section? ... For the current TDS rates in India, and more information about TDS deduction
What is difference between Gross salay and CTC?