Dear sir ,
Good Evening
we are maintainig one photo copy machine on monthly Rental basis (Ricoh india )
they are calculating the service on Gross Value 12.36%
But Our Company people Gross value *33%
ex : Total value:15000/-
+ Service tax :15000*12.36/100
But our company people calculate 15000*33/100:
4950*12.36%
whether it is correct or wrong
Thanks
Badraiah p
CAclubindia
