Service tax amount
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 November 2014
Dear Sir,
Example : i am given service estmation cost is Rs.30000/- including service tax ,we are taken advance before work start.
@50 % advance ,client given Rs.13500/-(excluding @10 TDS),how much i have to pay SERVICE TAX ???? (Invoice is not generated)
and what is due date to pay ???
kindy reply asap
Example : i am given service estmation cost is Rs.30000/- including service tax ,we are taken advance before work start.
@50 % advance ,client given Rs.13500/-(excluding @10 TDS),how much i have to pay SERVICE TAX ???? (Invoice is not generated)
and what is due date to pay ???
kindy reply asap
27 November 2014
u need to calculate service tax is reverse way.
13500 x 12.36/112.36 is service tax amount in advance u recieved
13500 x 12.36/112.36 is service tax amount in advance u recieved
Rupesh Jain
(Expert)
29 November 2014
30000/112.36*12.36=26700
26700 x12.36%= 3300
total rs. 26700+3300= 30000
26700 x12.36%= 3300
total rs. 26700+3300= 30000
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- MSME disclosure and disallowance
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
