Calculation

Dear,

Service tax = 7062*12/12.36= 6856

EC= 6856*2%= 137

SHEC= 6856*1%=  69

12 % Service Tax

2% EC on 12%

1% SHEC on 12%

= 12.36%

the service tax applicable is 12.36% with EC & SHEC..

if total amt is Rs.7062 then the total cess amt will be... (7062*3)/103 = Rs.205.68 out of this EC will be 2/3 of 205.68 i.e, Rs.137.12 & SHEC will be Rs.68.56...ST without Cess will be (7062*100)/103 = RS.6856.31....

hope u understand..if want any clarification then i am here...

Hi,

Please refer the file below for the Answer.

Regards,

Devendra Kulkarni

Dear, Service tax = 7062*12/12.36= 6856 EC= 6856*2%= 137 SHEC= 6856*1%=  69