Bifurcation

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Nashme T.J (Querist)
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24 April 2012 Daer sir,

Please let me know how to bifurcate 12.36% Excise duty

I want to rise an invoice, which shows bifurcation of amount of Excise duty.

Thanks and regards,
Ms. Nashme T.J

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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24 April 2012 MENTIONED

Basic rate is @ 12%

Education cess @ 2%

SHEC @ 1%

Nashme T.J

Nashme T.J (Querist)
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24 April 2012 but sir....! then it becomes 12.3%,
what about 0.06%

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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24 April 2012 i am giving example try to understand..ok...

bill amount =Rs. 100
basic rate: 12% =100*12%=12
Education Cess: 12*2%=.24
SHEC = 12*1%=.12

TOTAL = 100+12+.24+.12=112.36

any query,

Nashme T.J

Nashme T.J (Querist)
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24 April 2012 No Sir,

Thank you so much......

I understood....

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