Vat Doubt

Please tell me correct invoice amount because I think that amount will be Rs.215.00

I am asking Basic price amount ,Invoice 215 rs is the inclusive of excise duty 10.3% and 14.5 % vat. i want the amount excluding VAT.

Yes but I think invoice amount will be rs. 212.00

its is a totally wrong. the invoice amount is 187.but i want to know what is the proceedure .

Well I was saying that 212.00 will be gross amount including tax. And I think that you are totally wrong because 187.00 can’t be invoice amount. Just check is there any abatement in excise duty?

how could it be 212, as i said that 215 is invoice amount including excise and vat, i asked what is the amount excluding the vat in the invoice amount.212 is the wrong answer

You are totally confused. I m saying amount will come Rs.212.00 That is gross amount including taxes. I think you should see invoice again I think which you are telling is not correct.

Sorry man u r not getting my question, any thanks for u r answers

Dear Saivarma,

Gross invoice value is Rs. 215 and it include VAT 14.5%. therefore u have to devide Gross invoice amt by 114.5 & multiple by 100 than u will get Rs. 187

215/114.5*100= 187.77

Dear Sir 

                 Thanqs for the answer , My team Lead also said the same , but why shouls we divide the amount with 1.145,

Dear Saivarma,

Gross amt include Vat amt

suppose ur vat excluding amt is Rs. 100, u will charge 14.5% vat on that i.e. Rs. 14.5. it means u r gross total value is Rs. 114.5. Therefore u have to devide gross amt by 114.5 and multiple by 100 then u will get excluding vat amt.

But could pls show invoice amount + vat + excise duty = rs.215.00

Thank u Sir , My doubt is cleared.

And MR Pankaj

Invoive Amount is 169 rs 

Excise Dute 10.3% =18

Gross amount    =  187

Vat  14.5%           =28

Total Amount       =215

I AM POSTING A QUERY PLEASE REPLY :

A HOSPITAL IN HARYANA IS CHARGING PACKAGE PRICE FOR TREATMENT WHICH INCLUDES PROFESSIONAL CHARGES ,ROOM RENT,NURSING,MEDICINE/SURGICALS ETC ALL INCLUSIVE BUT NOT GIVING DETAIL OF EACH HEAD SEPERATELY IN THE BILL RAISED .WHAT SHALL BE VAT LIABLITY IN THIS CASE.

THANKS