How to break up 14.5% VAT & 15% Service Tax from an all inclussive amount
for Example Amount Inclussive of VAT & Service tax is 12,20,000/-
I want to calculate 14.50% VAT on 70% of Amount Before tax
and 15% ST on 30% of Amount before tax
For this, I have to find out Tax Before Tax
Anybody can help me.
hello,
| Base value | 744875.7 | 319232.4 | |
| tax | 108007(VAT) | 47884.87(ST) |
CA Shubham Gupta
9968983550
Total
Hi Mr. Shubham Gupta,
Thanks for your reply. Can you explain how do you done the calculation to reach that figure
suppose total base valuebefore VAT +ST is "X"
X+(.7X)14.5% + (.3X)15%=12,20,000
Thankx Mr. Gupta. got it now
CAclubindia
