Calculation of payables
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2012
Hi All,
I have a doubt on the below case;
We have charged service tax @ 10.3% on 10000 i.e., Rs 1030. Hence we received Rs 11030.
We have received a telephone bill for Rs 6000 with serv tax of 10.3%. i.e., Rs 6618, which is already paid by Us.
So here in this case what would be my service tax payable to government?
I have a doubt on the below case;
We have charged service tax @ 10.3% on 10000 i.e., Rs 1030. Hence we received Rs 11030.
We have received a telephone bill for Rs 6000 with serv tax of 10.3%. i.e., Rs 6618, which is already paid by Us.
So here in this case what would be my service tax payable to government?
CA Rushikesh Kolhe
(Expert)
20 February 2012
Service Tax payable by you in this case is 1030-618= 412.
It is assumed that there are no other input or output transactions
It is assumed that there are no other input or output transactions
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CA Rushikesh Kolhe
(Expert)
20 February 2012
Service Tax payable by you in this case is 1030-618= 412.
It is assumed that there are no other input or output transactions
It is assumed that there are no other input or output transactions
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