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Querist : Anonymous

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Querist : Anonymous (Querist)
12 October 2015 how to calculate Vat amount
1) 500000 is bill amount and in have include vat and now i am how to remove vat amount and vat percentage is 14.5%
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CA. Amit G. Chandani

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CA. Amit G. Chandani (Expert)
12 October 2015 500000/100+14.5%=436681 is the amount exclusive of VAT. Add 14.5% to it, it will become 500000.
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Querist : Anonymous

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Querist : Anonymous (Querist)
12 October 2015 not coming this value
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Querist : Anonymous

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Querist : Anonymous (Querist)
12 October 2015 what happens what is the right calculation

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