17 April 2014
one pvt ltd company gives AMC & cmc to another pvt ltd company regarding for stabilizers AMC amount is Rs.12,000/- the Service Tax amount is Rs.1483/- on 12,000/- @12.36% now that company is giving AMC order is Rs.12,000/- + 1038/- service tax ( on Rs.1483/- @ 70% ) and vat 5% Rs. 600/-. the total amount is : 12,000+1083+600=13683 is it right amount or not , if not correct = 12000+1483+600=14083 is it right. please inform
CAclubindia
