i want basic formula to find vat 4% from the total bill
Answer Posted / madhuri
To know the tax amount from total bill amount
Formula is = BillAmount*Rate of vattax/100+Rate of vattax.
example= Bill Amount is 10400
& Rate of Tax is 4%
10400*4/100+4 = 400 is Vat Tax
400- 10400 = 10000 is assessable value
| Is This Answer Correct ? | 8 Yes | 5 No |
Post New Answer View All Answers
taxes leivied on carpentar & plumbing services
What is the difference between fund flow vs. Cash flow?
IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
Need of Bank Reconciliation to a company
what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it
what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???
Q.No.1) I paid Salary to our staff after deduction TDS. what is the journal entry pass at that time of payment of salary only, and then at the time of payment of tds. and the last date for payment of TDS Q.No.2) Suppose I paid Salary In advance due to that officer is take business tour at the end of the month in after deducting TDS. Now What is the journal entry Salary Advance & Payment of TDS. and when i will pay TDS for This Situation. Kindly Help me
How to adjustment of CST ? and also tell me about C-Form affairs ?
IF ANY PROPRITER SAID THAT DON'T DEDUCT TDS OF HIM BECAUSE IT IS NOT PARTNERSHIP FIRM THEN WHAT SHOULD COMPANY DOES?
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?
Please help me to find VAT Rates of the follwing Items in A.P 1.Fiber Glass -CSM -Roving W.R Polyster Resin G.P{general purpose)Roofing,ISO Thanks & Regards Mohan .V
what Is the ITc Claimed. how to utilized the ITC.
DEFINATION OF LABOUR ACT?
What are the deductions under salary head? Name the items.
If forth alphabet is f then what is TDS percentage ?