calculation

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....alculation<br> Query (Issue) Started By: - Ankit Sachdeva Dated:- 14-11-2010 Last Reply Date:- 25-11-2010 Service Tax<br>Got 1 Reply<br>Service Tax<br>how to calculate net service tax ? what are the b....

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....asics of calculation? Reply By Rama Krishana: The Reply: Refer to section 67 of the Service Tax (Chapter V of the Finance Act, 1994), the amount received is treated as gross value and by applying reve....

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....rse method you can calculate net service tax. On the other side, when you are going to raise the bill, it is advisable (if your contract is not inclusive) you should charge service tax over and above ....

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....the value of services. Thereafter the gross amount received by applying the reverse formula, you may get the same result.<br> Discussion Forum - Knowledge Sharing ....