Calculation of service tax

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Querist : Anonymous (Querist)
17 June 2014 calculation of service tax on Advance receipt. How to calculate service tax on advance receipt and thereafter raise invoice also. Advance Received Rs. 10 Lacs.calculate service tax on advance Receipt.

17 June 2014 (10 lakhs x 12.36)/ 112.36 is the amount of service tax.

19 June 2014 on rs. 10 lancs /112.36*12.36=
service tax amount


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