I want to know how to calculate service tax when I have made bill of Rs. 50000/- (Inclusive of service Tax)
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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.
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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 |
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