Is advance money include tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 September 2011
if we received any money in advance is this money inclusion of tax or how to treat it for eg:- a received 5,00,000 if we have to calculate service tax payable how we calculate 500000 x 10.3/110.3
or 500000 x 10.3/100 ?
or 500000 x 10.3/100 ?
13 September 2011
service tax on advance 500000 X 10.3%=51500
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 September 2011
service tax is @ 10.35 but i want how we charge separately from client if we received money in advance
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