Please help me in Calculations

Biju.V (Accountant) (128 Points)

23 January 2010  

WE ARE IN TO CONTRUCTION BUSINESS            
WE RAISE INVOICE TO OUR CLAINTS LIKE THIS            
             
GROSS AMOUNT 75000          
VAT @ 12.5 ON 75% OF GROSS AMOUNT 7031          
SERVICE TAX @ 10.3 ON 33.33% OF GROSS AMOUNT 2575          
TOTAL AMOUNT 84606          
             
IF OUR CLAINT PAY PART PAYMENT OF RS.50000/- HOW DO I CALCULATE WHAT IS THE SERVICE TAX INVOLVED IT????
             
PLEASE TELL ME THE CALCULATION             

 

THANKS IN ADVANCE

BIJU