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how to compute service tax?

Answer Posted / venkatesh

service tax based on particular work

example

in case Mr A company sold particular goods to Mr b company,
sale of goods worth rs 100000
(service tax calculation on bases of )

100000*12.36=12360
100000+12360=112360

net value= 100000
service tax(12.36)= 12360
grand total = 112360


now Mr A should pay rs 12360 amount ,to service tax
department through bank

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