How to find value of taxable service
This query is : Resolved
15 March 2014
hello everyone. I have one doubt regarding how to calculate the value of taxable service if gross amt charged by service provider is rs. 4000 and rate is 12.36%. I want to knw the value of taxable service and service tax separately.
15 March 2014
If service provider has billed Rs. 4000/- ,Gross value would be calculated by reverse method ( 4000*12.36/112.36)
However it is mentioned to noted that service tax must be shown separately in invoice as per service tax rules
However it is mentioned to noted that service tax must be shown separately in invoice as per service tax rules
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