Ow to do reverse calculation in st & vat

829 views 1 replies

How to calulate missing amount if VAT & service Tax both including? How should I do Reverse calculation if one item on which service tax chareged @ 12.36% & then on sub total (Item rate + Service tax) % VAT is charged. E.g. item base price is 417, ST on it is 52 & VAT is 23 = Total billing amount is 492. Suppose if I want to made this bill for Rs.450 Then how should I do reverse calculation? i.e How should I arrive at Item's base value if only final bill amount is known? I am using Tally software. 

Replies (1)

divide 45o by (100+VATrate) u will come out with item rate + service tax.

Then divide this value by (100+ST Rate) then u find the base value

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details