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How much service tax paid

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 February 2015 i have provide a service on 29th jan 2015 and issue invoice on 30th jan 2015 but service tax @ 12% only instead of 12.36% .

service value 1,00,000
service tax 12,000
Total 1,12,000

then how much we have to deposit service tax on or before 6th feb.
Thanks in advance please reply this question.
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Harshal Fifadra

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Harshal Fifadra (Expert)
17 February 2015 In any case service tax needs to be deposited at 12.36%. For 0.36% , a debit note should be raised for the amount of Rs. 360/- on the customer.
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CA Tarun Jagdish

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CA Tarun Jagdish (Expert)
17 February 2015 You can consider 112000 as 112.36%. as per the valuation rules gross amount charged should be inclusive of service tax. So 112000/112.36% will be the bill amount excluding service tax
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