Interested to Buy Any Domain ? << Click Here >> for more details...
If any bill amount is inclusive of service Tax? How to
calculate?
- 12 Answers
- 92856 Views
- Mountain Edge, Savitri Engineering, I also Faced
- E-Mail Answers
Answer Posted / abhivirthi tax and industrial
If the Bill amount is inclusive of any tax, calculation of net amount may be arrived by applying the following formula.
1. Total Bill amount divided by 100+Tax Rate and multiplied by 100.
2. Total Bill amount multiplied by 100 and divided by 100+Tax rate
Bill amount x 100
----------------- = Net Amount
100+Tax Rate
Reply from:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT Practitioner and Industrial Consultant
H-63, Palaami Enclave
New Natham Road,
Madurai-625014
Cell: 9994990599,
| Is This Answer Correct ? | 47 Yes | 13 No |
Post New Answer View All Answers
what is fbt@ ,sd @
I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?
how many sale tax charged on the billing for central dealer by uttar pradesh dealer at furniture items ? & how many sale tax charged for u.p. dealer by up dealer ?
how we creat e-vat return in tally for punjab
which form is used for issuance of C Form ,F form etc. from Sale tax Authority (Haryana), when should be apply? what documents to be submitted?
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
should pranav mukherjee has done things good, by giving burden to vodafone a huge tax liabilty.....it will not affect our fdi???
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?
how to calculate tax for the income earners
OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?
What is VAT TDS? when it is applied & at what rate?
please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales
80DD Dediction
What is income tax? How is it calculated?
