Ow to do reverse calculation in st & vat

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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


CCI Pro

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