Hi,
Suppose i provide a service for10,000.
Then Service tax = 10000*10.3%=1030
So the total billed amount to be paid by the client should be10,000+ 1030= 11,030
But what if the client pays only 10,000. And not the tax amount. What should be the Service tax amount now. And how it is calculated.(let me know the formula).
Thanks.