banner_ad

How to find taxable value amount of multiple tax invoice

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 September 2019 dear sir
i have accountant in a shop, i have billed a multiple tax invoice B2C in xls format . for example invoice value 11569
tax value of this invoice 9351, tax slab rate is 18% and 28% .
i request your good office how to find the taxable value of 28% tax and 18% separately in same invoice .
if any experts pls solve my question .
my mail id is kajanajumudeen2013@gmail.com
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
21 September 2019 If Your said invoices not shown separate values of the basic. Then just calculate reverse basis. You can get the Taxable Value of the goods...
Profile Image

Gokul Sharma

Profile Image

Gokul Sharma (Expert)
21 September 2019 1.18X + 1.28X = 11569

Solve x = 4703

now your 18 % turnover will come 4703*1.18=5550 approx
tax on 18% = 5550-4703=847
check 4703*18%= 847

do same procedure for 28%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details