Reverse Calculation of service tax

RAMESH (Expert) (93 Points)

29 March 2011  

Dear All,

We have received a work order for Rs.100 crs which is inclusive of 4% WCT (Sales Tax) and 4.12% Service tax.  As per work order, we have received 25% as Mobilization advance.  How to reverse calculate the assessable value for service tax and WCT (Sales.  Pls give example.

Thanks