Reverse mechanism


This query is : Resolved 

27 September 2013 Sir,
I have received invoice including service tax -(i.e.12.36%) of Rs.29662=00 I want to make entry in Tally with bill total + Service Tax separately. How it to be shown?

Any formula for above problem.

Waiting for reply,

Thanks,

Pravin.

27 September 2013 if your bill is inclusive of taxes and want to know tax portion
.
.
= bill amount*(rate/100+rate)

you can go with above formulae for taxes amount

28 September 2013 I could not understand above formula, I want very simple,i.e.I have received bill of Rs.29662=00 (Inclusive of 12.36% - service tax), I want to show in Tally Total plus service tax separately. Explain me in very simple manner.
Thanks,
Pravin.

22 July 2025 https://docs.google.com/document/d/1tPbqzyLPC1OMAJLROWIyj86S1MT261hsJad_FtZxApU/edit?usp=sharing


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