This discussion clarifies the Goods and Services Tax (GST) calculation for an invoice of Rs 250,000. It details how deductions for rental and water charges reduce the net taxable amount. The correct GST at 18% and the final gross total are then confirmed, addressing a query about potential calculation errors.
04 April 2025
Dear Sir, I Raised the GST invoice. Taxable Services Rs. 250000/- Less Deduction rental of house 10000/- Less water Rs. 5000/- Net taxable amount Rs. 235000/- GST 18% Rs. 42300 Gross total Rs. 277000/- Please check this calculation is correct and not correct