Price Inclusive/Exclusive of Taxes
Sir
My Client Requirement as given below. Can any Person will help me out
Sales order Requirement according to the Pricing Procedure
Product Base Price 1000
Value of service(Inclusive of taxes) 500 A mount
Base value for service = 445.00
Service tax 12% = 53.40
service tax 2% = 1.07
Service tax 1% = 0.53
V.Rama Rao
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Message & its subject title was edited by: Jyoti Prakash
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Hi
I guess it is reverse calculation. Search for this text and see already discussed threads. If you have done some research or testing then please share that as well. From your question it looks like you haven't tried it yet. Reverse calculation is the way we calculate taxes from tax inclusive price.
Thank$
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